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This property looks like a bad Long-Term investment with a projected -24.19% first-year return on $273k initial cash invested.
-24.19%
Cash On Cash
1.16%
Cap Rate
0.19
DSCR
$2,884
Rent
-$5,505
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,884 income − $8,389 expenses = $5,505 out of pocket
Investment Breakdown
|
Purchase Price
$1301k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$273k
Downpayment
20%
$260k
Closing costs
1%
$13,006
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,884
Total Expenses
$8,389
Mortgage P&I
229%
$6,614
Property Taxes
16%
$451
Home Insurance
17%
$483
HOA
3%
$92
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0