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This property looks like a bad Long-Term investment with a projected -24.29% first-year return on $259k initial cash invested.
-24.29%
Cash On Cash
1.08%
Cap Rate
0.18
DSCR
$2,587
Rent
-$5,234
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,587 income − $7,821 expenses = $5,234 out of pocket
Investment Breakdown
|
Purchase Price
$1231k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$259k
Downpayment
20%
$246k
Closing costs
1%
$12,313
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,587
Total Expenses
$7,821
Mortgage P&I
240%
$6,212
Property Taxes
19%
$484
Home Insurance
18%
$453
HOA
0%
$0
Property Management
10%
$259
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0