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This property looks like a bad Long-Term investment with a projected -22.15% first-year return on $216k initial cash invested.
-22.15%
Cash On Cash
1.6%
Cap Rate
0.26
DSCR
$2,841
Rent
-$3,996
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,841 income − $6,837 expenses = $3,996 out of pocket
Investment Breakdown
|
Purchase Price
$1031k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$216k
Downpayment
20%
$206k
Closing costs
1%
$10,309
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,841
Total Expenses
$6,837
Mortgage P&I
184%
$5,227
Property Taxes
12%
$347
Home Insurance
18%
$525
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0