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This property looks like a bad Long-Term investment with a projected -20.39% first-year return on $228k initial cash invested.
-20.39%
Cash On Cash
1.94%
Cap Rate
0.32
DSCR
$3,840
Rent
-$3,866
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,840 income − $7,706 expenses = $3,866 out of pocket
Investment Breakdown
|
Purchase Price
$1083k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$228k
Downpayment
20%
$217k
Closing costs
1%
$10,834
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,840
Total Expenses
$7,706
Mortgage P&I
141%
$5,425
Property Taxes
23%
$898
Home Insurance
10%
$385
HOA
0%
$0
Property Management
10%
$384
CapEx
5%
$192
Vacancy
6%
$230
Maintenance
5%
$192
Other
0%
$0