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This property looks like a bad Long-Term investment with a projected -20.5% first-year return on $220k initial cash invested.
-20.5%
Cash On Cash
1.94%
Cap Rate
0.32
DSCR
$2,802
Rent
-$3,763
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,802 income − $6,565 expenses = $3,763 out of pocket
Investment Breakdown
|
Purchase Price
$1049k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$220k
Downpayment
20%
$210k
Closing costs
1%
$10,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,802
Total Expenses
$6,565
Mortgage P&I
190%
$5,321
Property Taxes
5%
$139
Home Insurance
13%
$367
HOA
0%
$10
Property Management
10%
$280
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0