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This property looks like a bad Long-Term investment with a projected -10.35% first-year return on $252k initial cash invested.
-10.35%
Cash On Cash
4.2%
Cap Rate
0.69
DSCR
$6,488
Rent
-$2,173
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,488 income − $8,661 expenses = $2,173 out of pocket
Investment Breakdown
|
Purchase Price
$1200k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$252k
Downpayment
20%
$240k
Closing costs
1%
$12,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,488
Total Expenses
$8,661
Mortgage P&I
93%
$6,053
Property Taxes
5%
$342
Home Insurance
6%
$420
HOA
2%
$160
Property Management
10%
$649
CapEx
5%
$324
Vacancy
6%
$389
Maintenance
5%
$324
Other
0%
$0