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This property looks like a bad Long-Term investment with a projected -10.68% first-year return on $262k initial cash invested.
-10.68%
Cash On Cash
4.21%
Cap Rate
0.69
DSCR
$6,620
Rent
-$2,330
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,620 income − $8,950 expenses = $2,330 out of pocket
Investment Breakdown
|
Purchase Price
$1246k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$262k
Downpayment
20%
$249k
Closing costs
1%
$12,464
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,620
Total Expenses
$8,950
Mortgage P&I
96%
$6,375
Property Taxes
6%
$416
Home Insurance
7%
$438
HOA
0%
$0
Property Management
10%
$662
CapEx
5%
$331
Vacancy
6%
$397
Maintenance
5%
$331
Other
0%
$0