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This property looks like a bad Long-Term investment with a projected -21.72% first-year return on $199k initial cash invested.
-21.72%
Cash On Cash
1.57%
Cap Rate
0.26
DSCR
$2,243
Rent
-$3,603
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,243 income − $5,846 expenses = $3,603 out of pocket
Investment Breakdown
|
Purchase Price
$948k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$199k
Downpayment
20%
$190k
Closing costs
1%
$9,480
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,243
Total Expenses
$5,846
Mortgage P&I
211%
$4,735
Property Taxes
9%
$196
Home Insurance
15%
$332
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0