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This property looks like a bad Long-Term investment with a projected -17.64% first-year return on $231k initial cash invested.
-17.64%
Cash On Cash
2.62%
Cap Rate
0.43
DSCR
$4,637
Rent
-$3,396
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,637 income − $8,033 expenses = $3,396 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,637
Total Expenses
$8,033
Mortgage P&I
120%
$5,562
Property Taxes
7%
$330
Home Insurance
8%
$385
HOA
12%
$550
Property Management
10%
$464
CapEx
5%
$232
Vacancy
6%
$278
Maintenance
5%
$232
Other
0%
$0