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This property looks like a bad Long-Term investment with a projected -23.51% first-year return on $231k initial cash invested.
-23.51%
Cash On Cash
1.12%
Cap Rate
0.19
DSCR
$1,993
Rent
-$4,525
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,993 income − $6,518 expenses = $4,525 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.3%
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
$1,993
Total Expenses
$6,518
Mortgage P&I
274%
$5,454
Property Taxes
8%
$160
Home Insurance
19%
$385
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0