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This property looks like a bad Long-Term investment with a projected -20.95% first-year return on $203k initial cash invested.
-20.95%
Cash On Cash
1.88%
Cap Rate
0.31
DSCR
$3,061
Rent
-$3,540
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,061 income − $6,601 expenses = $3,540 out of pocket
Investment Breakdown
|
Purchase Price
$965k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$203k
Downpayment
20%
$193k
Closing costs
1%
$9,654
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,061
Total Expenses
$6,601
Mortgage P&I
160%
$4,900
Property Taxes
18%
$555
Home Insurance
11%
$350
HOA
0%
$0
Property Management
10%
$306
CapEx
5%
$153
Vacancy
6%
$184
Maintenance
5%
$153
Other
0%
$0