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This property looks like a bad Long-Term investment with a projected -23.24% first-year return on $222k initial cash invested.
-23.24%
Cash On Cash
1.37%
Cap Rate
0.23
DSCR
$2,961
Rent
-$4,307
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,961 income − $7,268 expenses = $4,307 out of pocket
Investment Breakdown
|
Purchase Price
$1059k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$212k
Closing costs
1%
$10,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,961
Total Expenses
$7,268
Mortgage P&I
181%
$5,368
Property Taxes
26%
$759
Home Insurance
13%
$371
HOA
0%
$0
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0