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This property looks like a bad Long-Term investment with a projected -22.72% first-year return on $252k initial cash invested.
-22.72%
Cash On Cash
1.4%
Cap Rate
0.23
DSCR
$2,610
Rent
-$4,771
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,610 income − $7,381 expenses = $4,771 out of pocket
Investment Breakdown
|
Purchase Price
$1200k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$252k
Downpayment
20%
$240k
Closing costs
1%
$12,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,610
Total Expenses
$7,381
Mortgage P&I
232%
$6,045
Property Taxes
9%
$238
Home Insurance
16%
$420
HOA
0%
$0
Property Management
10%
$261
CapEx
5%
$130
Vacancy
6%
$157
Maintenance
5%
$130
Other
0%
$0