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This property looks like a bad Long-Term investment with a projected -18.88% first-year return on $222k initial cash invested.
-18.88%
Cash On Cash
2.22%
Cap Rate
0.37
DSCR
$3,700
Rent
-$3,499
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,700 income − $7,199 expenses = $3,499 out of pocket
Investment Breakdown
|
Purchase Price
$1059k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$212k
Closing costs
1%
$10,588
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,700
Total Expenses
$7,199
Mortgage P&I
142%
$5,271
Property Taxes
16%
$581
Home Insurance
10%
$385
HOA
0%
$0
Property Management
10%
$370
CapEx
5%
$185
Vacancy
6%
$222
Maintenance
5%
$185
Other
0%
$0