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This property looks like a bad Long-Term investment with a projected -24.49% first-year return on $251k initial cash invested.
-24.49%
Cash On Cash
1.55%
Cap Rate
0.24
DSCR
$2,996
Rent
-$5,122
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,996 income − $8,118 expenses = $5,122 out of pocket
Investment Breakdown
|
Purchase Price
$1195k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$251k
Downpayment
20%
$239k
Closing costs
1%
$11,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,996
Total Expenses
$8,118
Mortgage P&I
218%
$6,517
Property Taxes
13%
$403
Home Insurance
14%
$418
HOA
0%
$0
Property Management
10%
$300
CapEx
5%
$150
Vacancy
6%
$180
Maintenance
5%
$150
Other
0%
$0