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This property looks like a bad Long-Term investment with a projected -19.63% first-year return on $204k initial cash invested.
-19.63%
Cash On Cash
1.96%
Cap Rate
0.33
DSCR
$3,181
Rent
-$3,333
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,181 income − $6,514 expenses = $3,333 out of pocket
Investment Breakdown
|
Purchase Price
$970k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$204k
Downpayment
20%
$194k
Closing costs
1%
$9,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,181
Total Expenses
$6,514
Mortgage P&I
150%
$4,759
Property Taxes
18%
$578
Home Insurance
11%
$350
HOA
0%
$0
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0