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This property looks like a bad Long-Term investment with a projected -24.42% first-year return on $242k initial cash invested.
-24.42%
Cash On Cash
1.17%
Cap Rate
0.19
DSCR
$2,942
Rent
-$4,927
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,942 income − $7,869 expenses = $4,927 out of pocket
Investment Breakdown
|
Purchase Price
$1153k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$242k
Downpayment
20%
$231k
Closing costs
1%
$11,531
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,942
Total Expenses
$7,869
Mortgage P&I
201%
$5,907
Property Taxes
26%
$777
Home Insurance
14%
$420
HOA
0%
$0
Property Management
10%
$294
CapEx
5%
$147
Vacancy
6%
$177
Maintenance
5%
$147
Other
0%
$0