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This property looks like a bad Long-Term investment with a projected -24.19% first-year return on $231k initial cash invested.
-24.19%
Cash On Cash
1.16%
Cap Rate
0.19
DSCR
$3,054
Rent
-$4,656
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,054 income − $7,710 expenses = $4,656 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
$3,054
Total Expenses
$7,710
Mortgage P&I
182%
$5,569
Property Taxes
32%
$962
Home Insurance
13%
$385
HOA
0%
$0
Property Management
10%
$305
CapEx
5%
$153
Vacancy
6%
$183
Maintenance
5%
$153
Other
0%
$0