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This property looks like a bad Long-Term investment with a projected -23.41% first-year return on $220k initial cash invested.
-23.41%
Cash On Cash
1.55%
Cap Rate
0.25
DSCR
$2,605
Rent
-$4,291
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,605 income − $6,896 expenses = $4,291 out of pocket
Investment Breakdown
|
Purchase Price
$1048k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$220k
Downpayment
20%
$210k
Closing costs
1%
$10,476
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,605
Total Expenses
$6,896
Mortgage P&I
212%
$5,518
Property Taxes
12%
$317
Home Insurance
15%
$385
HOA
0%
$0
Property Management
10%
$260
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0