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This property looks like a bad Long-Term investment with a projected -23.16% first-year return on $244k initial cash invested.
-23.16%
Cash On Cash
1.53%
Cap Rate
0.24
DSCR
$3,090
Rent
-$4,702
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,090 income − $7,792 expenses = $4,702 out of pocket
Investment Breakdown
|
Purchase Price
$1160k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$244k
Downpayment
20%
$232k
Closing costs
1%
$11,600
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,090
Total Expenses
$7,792
Mortgage P&I
195%
$6,023
Property Taxes
14%
$436
Home Insurance
13%
$406
HOA
4%
$125
Property Management
10%
$309
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0