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This property looks like a bad Long-Term investment with a projected -16.08% first-year return on $186k initial cash invested.
-16.08%
Cash On Cash
3%
Cap Rate
0.49
DSCR
$3,913
Rent
-$2,489
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,913 income − $6,402 expenses = $2,489 out of pocket
Investment Breakdown
|
Purchase Price
$885k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$177k
Closing costs
1%
$8,845
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,913
Total Expenses
$6,402
Mortgage P&I
115%
$4,503
Property Taxes
15%
$571
Home Insurance
8%
$310
HOA
0%
$0
Property Management
10%
$391
CapEx
5%
$196
Vacancy
6%
$235
Maintenance
5%
$196
Other
0%
$0