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This property looks like a bad Long-Term investment with a projected -22.51% first-year return on $231k initial cash invested.
-22.51%
Cash On Cash
1.54%
Cap Rate
0.25
DSCR
$3,981
Rent
-$4,333
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,981 income − $8,314 expenses = $4,333 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,981
Total Expenses
$8,314
Mortgage P&I
139%
$5,542
Property Taxes
24%
$972
Home Insurance
10%
$385
HOA
10%
$380
Property Management
10%
$398
CapEx
5%
$199
Vacancy
6%
$239
Maintenance
5%
$199
Other
0%
$0