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This property looks like a bad Long-Term investment with a projected -17.34% first-year return on $240k initial cash invested.
-17.34%
Cash On Cash
2.61%
Cap Rate
0.43
DSCR
$4,598
Rent
-$3,463
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,598 income − $8,061 expenses = $3,463 out of pocket
Investment Breakdown
|
Purchase Price
$1141k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$240k
Downpayment
20%
$228k
Closing costs
1%
$11,409
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,598
Total Expenses
$8,061
Mortgage P&I
124%
$5,719
Property Taxes
16%
$744
Home Insurance
9%
$402
HOA
0%
$0
Property Management
10%
$460
CapEx
5%
$230
Vacancy
6%
$276
Maintenance
5%
$230
Other
0%
$0