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This property looks like a bad Long-Term investment with a projected -21.77% first-year return on $229k initial cash invested.
-21.77%
Cash On Cash
1.69%
Cap Rate
0.28
DSCR
$3,014
Rent
-$4,152
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,014 income − $7,166 expenses = $4,152 out of pocket
Investment Breakdown
|
Purchase Price
$1090k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$229k
Downpayment
20%
$218k
Closing costs
1%
$10,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,014
Total Expenses
$7,166
Mortgage P&I
184%
$5,535
Property Taxes
15%
$465
Home Insurance
13%
$382
HOA
0%
$0
Property Management
10%
$301
CapEx
5%
$151
Vacancy
6%
$181
Maintenance
5%
$151
Other
0%
$0