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This property looks like a bad Long-Term investment with a projected -23.69% first-year return on $231k initial cash invested.
-23.69%
Cash On Cash
1.09%
Cap Rate
0.18
DSCR
$2,320
Rent
-$4,560
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,320 income − $6,880 expenses = $4,560 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.3%
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
$2,320
Total Expenses
$6,880
Mortgage P&I
234%
$5,440
Property Taxes
6%
$146
Home Insurance
17%
$385
HOA
13%
$306
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0