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This property looks like a bad Long-Term investment with a projected -29.1% first-year return on $273k initial cash invested.
-29.1%
Cash On Cash
0.23%
Cap Rate
0.04
DSCR
$2,153
Rent
-$6,621
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,153 income − $8,774 expenses = $6,621 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$273k
Downpayment
20%
$260k
Closing costs
1%
$13,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,153
Total Expenses
$8,774
Mortgage P&I
314%
$6,767
Property Taxes
46%
$992
Home Insurance
21%
$455
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0