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This property looks like a bad Long-Term investment with a projected -22.48% first-year return on $230k initial cash invested.
-22.48%
Cash On Cash
1.8%
Cap Rate
0.29
DSCR
$3,979
Rent
-$4,309
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,979 income − $8,288 expenses = $4,309 out of pocket
Investment Breakdown
|
Purchase Price
$1096k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$230k
Downpayment
20%
$219k
Closing costs
1%
$10,955
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,979
Total Expenses
$8,288
Mortgage P&I
145%
$5,753
Property Taxes
28%
$1,106
Home Insurance
10%
$394
HOA
0%
$0
Property Management
10%
$398
CapEx
5%
$199
Vacancy
6%
$239
Maintenance
5%
$199
Other
0%
$0