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This property looks like a bad Long-Term investment with a projected -24.35% first-year return on $241k initial cash invested.
-24.35%
Cash On Cash
1.1%
Cap Rate
0.18
DSCR
$2,288
Rent
-$4,900
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,288 income − $7,188 expenses = $4,900 out of pocket
Investment Breakdown
|
Purchase Price
$1150k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$241k
Downpayment
20%
$230k
Closing costs
1%
$11,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,288
Total Expenses
$7,188
Mortgage P&I
255%
$5,839
Property Taxes
1%
$13
Home Insurance
18%
$402
HOA
15%
$340
Property Management
10%
$229
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0