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This property looks like a bad Long-Term investment with a projected -19.71% first-year return on $230k initial cash invested.

-19.71%

Cash On Cash

2.31%

Cap Rate

0.37

DSCR

$3,870

Rent

-$3,783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1097k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$230k

Downpayment

20%

$219k

Closing costs

1%

$10,970

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,870

Total Expenses

$7,653

Mortgage P&I

147%

$5,704

Property Taxes

14%

$558

Home Insurance

10%

$384

HOA

0%

$0

Property Management

10%

$387

CapEx

5%

$194

Vacancy

6%

$232

Maintenance

5%

$194

Other

0%

$0

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