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This property looks like a bad Long-Term investment with a projected -23.41% first-year return on $148k initial cash invested.
-23.41%
Cash On Cash
1.43%
Cap Rate
0.24
DSCR
$3,183
Rent
-$2,883
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,183 income − $6,066 expenses = $2,883 out of pocket
Investment Breakdown
|
Purchase Price
$704k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$148k
Downpayment
20%
$141k
Closing costs
1%
$7,036
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,183
Total Expenses
$6,066
Mortgage P&I
112%
$3,561
Property Taxes
31%
$978
Home Insurance
8%
$245
HOA
14%
$455
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0