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This property looks like a bad Long-Term investment with a projected -21.34% first-year return on $220k initial cash invested.
-21.34%
Cash On Cash
1.77%
Cap Rate
0.29
DSCR
$3,423
Rent
-$3,913
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,423 income − $7,336 expenses = $3,913 out of pocket
Investment Breakdown
|
Purchase Price
$1048k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$220k
Downpayment
20%
$210k
Closing costs
1%
$10,477
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,423
Total Expenses
$7,336
Mortgage P&I
154%
$5,286
Property Taxes
23%
$776
Home Insurance
11%
$385
HOA
0%
$0
Property Management
10%
$342
CapEx
5%
$171
Vacancy
6%
$205
Maintenance
5%
$171
Other
0%
$0