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This property looks like a bad Long-Term investment with a projected -23.15% first-year return on $242k initial cash invested.
-23.15%
Cash On Cash
1.61%
Cap Rate
0.25
DSCR
$3,030
Rent
-$4,659
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,030 income − $7,689 expenses = $4,659 out of pocket
Investment Breakdown
|
Purchase Price
$1150k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,030
Total Expenses
$7,689
Mortgage P&I
200%
$6,047
Property Taxes
14%
$418
Home Insurance
13%
$402
HOA
1%
$33
Property Management
10%
$303
CapEx
5%
$152
Vacancy
6%
$182
Maintenance
5%
$152
Other
0%
$0