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This property looks like a bad Long-Term investment with a projected -21.67% first-year return on $240k initial cash invested.
-21.67%
Cash On Cash
1.61%
Cap Rate
0.27
DSCR
$3,622
Rent
-$4,340
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,622 income − $7,962 expenses = $4,340 out of pocket
Investment Breakdown
|
Purchase Price
$1144k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$240k
Downpayment
20%
$229k
Closing costs
1%
$11,442
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,622
Total Expenses
$7,962
Mortgage P&I
157%
$5,692
Property Taxes
25%
$914
Home Insurance
11%
$415
HOA
0%
$0
Property Management
10%
$362
CapEx
5%
$181
Vacancy
6%
$217
Maintenance
5%
$181
Other
0%
$0