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This property looks like a bad Long-Term investment with a projected -16.42% first-year return on $220k initial cash invested.
-16.42%
Cash On Cash
2.75%
Cap Rate
0.46
DSCR
$3,878
Rent
-$3,009
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,878 income − $6,887 expenses = $3,009 out of pocket
Investment Breakdown
|
Purchase Price
$1047k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$220k
Downpayment
20%
$209k
Closing costs
1%
$10,474
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,878
Total Expenses
$6,887
Mortgage P&I
135%
$5,219
Property Taxes
8%
$318
Home Insurance
9%
$341
HOA
0%
$0
Property Management
10%
$388
CapEx
5%
$194
Vacancy
6%
$233
Maintenance
5%
$194
Other
0%
$0