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This property looks like a bad Long-Term investment with a projected -22.96% first-year return on $260k initial cash invested.
-22.96%
Cash On Cash
1.28%
Cap Rate
0.21
DSCR
$3,217
Rent
-$4,972
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,217 income − $8,189 expenses = $4,972 out of pocket
Investment Breakdown
|
Purchase Price
$1238k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$260k
Downpayment
20%
$248k
Closing costs
1%
$12,375
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,217
Total Expenses
$8,189
Mortgage P&I
190%
$6,128
Property Taxes
24%
$769
Home Insurance
14%
$455
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0