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This property looks like a bad Long-Term investment with a projected -24.39% first-year return on $271k initial cash invested.
-24.39%
Cash On Cash
0.98%
Cap Rate
0.16
DSCR
$2,678
Rent
-$5,507
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,678 income − $8,185 expenses = $5,507 out of pocket
Investment Breakdown
|
Purchase Price
$1290k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$271k
Downpayment
20%
$258k
Closing costs
1%
$12,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,678
Total Expenses
$8,185
Mortgage P&I
240%
$6,426
Property Taxes
23%
$610
Home Insurance
17%
$452
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0