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This property looks like a bad Long-Term investment with a projected -22.04% first-year return on $208k initial cash invested.
-22.04%
Cash On Cash
1.79%
Cap Rate
0.29
DSCR
$3,461
Rent
-$3,814
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,461 income − $7,275 expenses = $3,814 out of pocket
Investment Breakdown
|
Purchase Price
$989k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$208k
Downpayment
20%
$198k
Closing costs
1%
$9,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,461
Total Expenses
$7,275
Mortgage P&I
148%
$5,119
Property Taxes
26%
$885
Home Insurance
10%
$346
HOA
1%
$25
Property Management
10%
$346
CapEx
5%
$173
Vacancy
6%
$208
Maintenance
5%
$173
Other
0%
$0