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This property looks like a bad Long-Term investment with a projected -16.29% first-year return on $229k initial cash invested.
-16.29%
Cash On Cash
2.88%
Cap Rate
0.48
DSCR
$4,422
Rent
-$3,104
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,422 income − $7,526 expenses = $3,104 out of pocket
Investment Breakdown
|
Purchase Price
$1089k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$229k
Downpayment
20%
$218k
Closing costs
1%
$10,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,422
Total Expenses
$7,526
Mortgage P&I
124%
$5,497
Property Taxes
11%
$499
Home Insurance
9%
$381
HOA
0%
$0
Property Management
10%
$442
CapEx
5%
$221
Vacancy
6%
$265
Maintenance
5%
$221
Other
0%
$0