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This property looks like a bad Long-Term investment with a projected -23.49% first-year return on $230k initial cash invested.
-23.49%
Cash On Cash
1.42%
Cap Rate
0.23
DSCR
$2,591
Rent
-$4,502
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,591 income − $7,093 expenses = $4,502 out of pocket
Investment Breakdown
|
Purchase Price
$1095k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$230k
Downpayment
20%
$219k
Closing costs
1%
$10,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,591
Total Expenses
$7,093
Mortgage P&I
219%
$5,664
Property Taxes
14%
$372
Home Insurance
15%
$383
HOA
0%
$0
Property Management
10%
$259
CapEx
5%
$130
Vacancy
6%
$155
Maintenance
5%
$130
Other
0%
$0