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This property looks like a bad Long-Term investment with a projected -21.68% first-year return on $231k initial cash invested.
-21.68%
Cash On Cash
1.59%
Cap Rate
0.26
DSCR
$2,417
Rent
-$4,174
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,417 income − $6,591 expenses = $4,174 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,417
Total Expenses
$6,591
Mortgage P&I
228%
$5,514
Property Taxes
3%
$63
Home Insurance
16%
$385
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0