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This property looks like a bad Long-Term investment with a projected -20.33% first-year return on $229k initial cash invested.
-20.33%
Cash On Cash
1.88%
Cap Rate
0.32
DSCR
$3,849
Rent
-$3,885
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,849 income − $7,734 expenses = $3,885 out of pocket
Investment Breakdown
|
Purchase Price
$1092k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$229k
Downpayment
20%
$218k
Closing costs
1%
$10,922
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,849
Total Expenses
$7,734
Mortgage P&I
141%
$5,408
Property Taxes
24%
$910
Home Insurance
11%
$416
HOA
0%
$0
Property Management
10%
$385
CapEx
5%
$192
Vacancy
6%
$231
Maintenance
5%
$192
Other
0%
$0