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This property looks like a bad Long-Term investment with a projected -16.1% first-year return on $229k initial cash invested.
-16.1%
Cash On Cash
2.94%
Cap Rate
0.48
DSCR
$4,450
Rent
-$3,071
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,450 income − $7,521 expenses = $3,071 out of pocket
Investment Breakdown
|
Purchase Price
$1090k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$229k
Downpayment
20%
$218k
Closing costs
1%
$10,897
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,450
Total Expenses
$7,521
Mortgage P&I
124%
$5,518
Property Taxes
10%
$462
Home Insurance
9%
$385
HOA
0%
$0
Property Management
10%
$445
CapEx
5%
$222
Vacancy
6%
$267
Maintenance
5%
$222
Other
0%
$0