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This property looks like a bad Long-Term investment with a projected -24.19% first-year return on $229k initial cash invested.
-24.19%
Cash On Cash
1.14%
Cap Rate
0.19
DSCR
$1,959
Rent
-$4,614
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,959 income − $6,573 expenses = $4,614 out of pocket
Investment Breakdown
|
Purchase Price
$1090k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$229k
Downpayment
20%
$218k
Closing costs
1%
$10,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,959
Total Expenses
$6,573
Mortgage P&I
283%
$5,548
Property Taxes
7%
$133
Home Insurance
20%
$382
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0