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This property looks like a bad Long-Term investment with a projected -23.21% first-year return on $242k initial cash invested.
-23.21%
Cash On Cash
1.32%
Cap Rate
0.22
DSCR
$2,642
Rent
-$4,678
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,642 income − $7,320 expenses = $4,678 out of pocket
Investment Breakdown
|
Purchase Price
$1152k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$242k
Downpayment
20%
$230k
Closing costs
1%
$11,519
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,642
Total Expenses
$7,320
Mortgage P&I
220%
$5,811
Property Taxes
15%
$402
Home Insurance
16%
$420
HOA
0%
$0
Property Management
10%
$264
CapEx
5%
$132
Vacancy
6%
$159
Maintenance
5%
$132
Other
0%
$0