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This property looks like a bad Long-Term investment with a projected -22.89% first-year return on $242k initial cash invested.
-22.89%
Cash On Cash
2%
Cap Rate
0.3
DSCR
$3,327
Rent
-$4,607
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,327 income − $7,934 expenses = $4,607 out of pocket
Investment Breakdown
|
Purchase Price
$1150k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$242k
Downpayment
20%
$230k
Closing costs
1%
$11,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,327
Total Expenses
$7,934
Mortgage P&I
191%
$6,359
Property Taxes
9%
$308
Home Insurance
12%
$402
HOA
0%
$0
Property Management
10%
$333
CapEx
5%
$166
Vacancy
6%
$200
Maintenance
5%
$166
Other
0%
$0