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This property looks like a bad Long-Term investment with a projected -26.86% first-year return on $229k initial cash invested.
-26.86%
Cash On Cash
1.13%
Cap Rate
0.17
DSCR
$3,030
Rent
-$5,118
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,030 income − $8,148 expenses = $5,118 out of pocket
Investment Breakdown
|
Purchase Price
$1089k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$229k
Downpayment
20%
$218k
Closing costs
1%
$10,889
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,030
Total Expenses
$8,148
Mortgage P&I
198%
$5,988
Property Taxes
33%
$986
Home Insurance
13%
$385
HOA
0%
$0
Property Management
10%
$303
CapEx
5%
$152
Vacancy
6%
$182
Maintenance
5%
$152
Other
0%
$0