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This property looks like a bad Long-Term investment with a projected -19.75% first-year return on $173k initial cash invested.
-19.75%
Cash On Cash
2.24%
Cap Rate
0.36
DSCR
$3,326
Rent
-$2,846
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,326 income − $6,172 expenses = $2,846 out of pocket
Investment Breakdown
|
Purchase Price
$824k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$173k
Downpayment
20%
$165k
Closing costs
1%
$8,236
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,326
Total Expenses
$6,172
Mortgage P&I
127%
$4,214
Property Taxes
24%
$813
Home Insurance
8%
$280
HOA
0%
$0
Property Management
10%
$333
CapEx
5%
$166
Vacancy
6%
$200
Maintenance
5%
$166
Other
0%
$0