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This property looks like a bad Long-Term investment with a projected -21.03% first-year return on $231k initial cash invested.
-21.03%
Cash On Cash
1.89%
Cap Rate
0.31
DSCR
$3,006
Rent
-$4,049
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,006 income − $7,055 expenses = $4,049 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,006
Total Expenses
$7,055
Mortgage P&I
187%
$5,630
Property Taxes
9%
$259
Home Insurance
13%
$385
HOA
0%
$0
Property Management
10%
$301
CapEx
5%
$150
Vacancy
6%
$180
Maintenance
5%
$150
Other
0%
$0