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This property looks like a bad Long-Term investment with a projected -17.45% first-year return on $231k initial cash invested.
-17.45%
Cash On Cash
2.51%
Cap Rate
0.42
DSCR
$3,995
Rent
-$3,359
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,995 income − $7,354 expenses = $3,359 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
$3,995
Total Expenses
$7,354
Mortgage P&I
137%
$5,463
Property Taxes
12%
$466
Home Insurance
10%
$385
HOA
0%
$0
Property Management
10%
$400
CapEx
5%
$200
Vacancy
6%
$240
Maintenance
5%
$200
Other
0%
$0