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This property looks like a bad Long-Term investment with a projected -21.61% first-year return on $242k initial cash invested.
-21.61%
Cash On Cash
1.79%
Cap Rate
0.29
DSCR
$3,081
Rent
-$4,350
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,081 income − $7,431 expenses = $4,350 out of pocket
Investment Breakdown
|
Purchase Price
$1150k
Downpayment
20.0%
Interest Rate
6.7%
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
$3,081
Total Expenses
$7,431
Mortgage P&I
192%
$5,908
Property Taxes
10%
$320
Home Insurance
13%
$402
HOA
0%
$0
Property Management
10%
$308
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0