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This property looks like a bad Long-Term investment with a projected -24.82% first-year return on $246k initial cash invested.
-24.82%
Cash On Cash
1.39%
Cap Rate
0.22
DSCR
$2,536
Rent
-$5,081
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,536 income − $7,617 expenses = $5,081 out of pocket
Investment Breakdown
|
Purchase Price
$1170k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$246k
Downpayment
20%
$234k
Closing costs
1%
$11,697
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,536
Total Expenses
$7,617
Mortgage P&I
249%
$6,311
Property Taxes
8%
$208
Home Insurance
17%
$438
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0