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This property looks like a bad Long-Term investment with a projected -23.63% first-year return on $223k initial cash invested.
-23.63%
Cash On Cash
1.41%
Cap Rate
0.23
DSCR
$2,282
Rent
-$4,393
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,282 income − $6,675 expenses = $4,393 out of pocket
Investment Breakdown
|
Purchase Price
$1062k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$223k
Downpayment
20%
$212k
Closing costs
1%
$10,624
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,282
Total Expenses
$6,675
Mortgage P&I
242%
$5,530
Property Taxes
7%
$154
Home Insurance
17%
$398
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0