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This property looks like a bad Long-Term investment with a projected -20.52% first-year return on $229k initial cash invested.
-20.52%
Cash On Cash
1.96%
Cap Rate
0.32
DSCR
$3,817
Rent
-$3,916
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,817 income − $7,733 expenses = $3,916 out of pocket
Investment Breakdown
|
Purchase Price
$1091k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$229k
Downpayment
20%
$218k
Closing costs
1%
$10,907
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,817
Total Expenses
$7,733
Mortgage P&I
144%
$5,505
Property Taxes
23%
$885
Home Insurance
9%
$350
HOA
0%
$0
Property Management
10%
$382
CapEx
5%
$191
Vacancy
6%
$229
Maintenance
5%
$191
Other
0%
$0