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This property looks like a bad Long-Term investment with a projected -23.31% first-year return on $231k initial cash invested.
-23.31%
Cash On Cash
1.52%
Cap Rate
0.24
DSCR
$2,878
Rent
-$4,487
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,878 income − $7,365 expenses = $4,487 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,878
Total Expenses
$7,365
Mortgage P&I
199%
$5,735
Property Taxes
17%
$496
Home Insurance
13%
$385
HOA
0%
$0
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0