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This property looks like a bad Long-Term investment with a projected -21.83% first-year return on $188k initial cash invested.
-21.83%
Cash On Cash
1.75%
Cap Rate
0.28
DSCR
$2,803
Rent
-$3,424
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,803 income − $6,227 expenses = $3,424 out of pocket
Investment Breakdown
|
Purchase Price
$896k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$188k
Downpayment
20%
$179k
Closing costs
1%
$8,962
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,803
Total Expenses
$6,227
Mortgage P&I
164%
$4,593
Property Taxes
21%
$582
Home Insurance
12%
$324
HOA
0%
$0
Property Management
10%
$280
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0