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This property looks like a bad Long-Term investment with a projected -19.65% first-year return on $242k initial cash invested.
-19.65%
Cash On Cash
2.31%
Cap Rate
0.37
DSCR
$3,322
Rent
-$3,954
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,322 income − $7,276 expenses = $3,954 out of pocket
Investment Breakdown
|
Purchase Price
$1150k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$242k
Downpayment
20%
$230k
Closing costs
1%
$11,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,322
Total Expenses
$7,276
Mortgage P&I
181%
$6,000
Property Taxes
0%
$11
Home Insurance
12%
$402
HOA
0%
$0
Property Management
10%
$332
CapEx
5%
$166
Vacancy
6%
$199
Maintenance
5%
$166
Other
0%
$0