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This property looks like a bad Long-Term investment with a projected -20.05% first-year return on $179k initial cash invested.
-20.05%
Cash On Cash
2%
Cap Rate
0.33
DSCR
$2,883
Rent
-$2,982
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,883 income − $5,865 expenses = $2,982 out of pocket
Investment Breakdown
|
Purchase Price
$850k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$170k
Closing costs
1%
$8,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,883
Total Expenses
$5,865
Mortgage P&I
147%
$4,252
Property Taxes
20%
$566
Home Insurance
10%
$298
HOA
0%
$0
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0