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This property looks like a bad Long-Term investment with a projected -11.19% first-year return on $256k initial cash invested.
-11.19%
Cash On Cash
3.94%
Cap Rate
0.66
DSCR
$6,203
Rent
-$2,389
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,203 income − $8,592 expenses = $2,389 out of pocket
Investment Breakdown
|
Purchase Price
$1220k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$256k
Downpayment
20%
$244k
Closing costs
1%
$12,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,203
Total Expenses
$8,592
Mortgage P&I
98%
$6,089
Property Taxes
7%
$464
Home Insurance
7%
$427
HOA
0%
$0
Property Management
10%
$620
CapEx
5%
$310
Vacancy
6%
$372
Maintenance
5%
$310
Other
0%
$0