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This property looks like a bad Long-Term investment with a projected -16.88% first-year return on $220k initial cash invested.
-16.88%
Cash On Cash
2.73%
Cap Rate
0.45
DSCR
$3,802
Rent
-$3,098
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,802 income − $6,900 expenses = $3,098 out of pocket
Investment Breakdown
|
Purchase Price
$1049k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$220k
Downpayment
20%
$210k
Closing costs
1%
$10,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,802
Total Expenses
$6,900
Mortgage P&I
139%
$5,291
Property Taxes
5%
$172
Home Insurance
10%
$367
HOA
2%
$82
Property Management
10%
$380
CapEx
5%
$190
Vacancy
6%
$228
Maintenance
5%
$190
Other
0%
$0