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This property looks like a bad Long-Term investment with a projected -18.64% first-year return on $195k initial cash invested.
-18.64%
Cash On Cash
2.3%
Cap Rate
0.38
DSCR
$2,980
Rent
-$3,033
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,980 income − $6,013 expenses = $3,033 out of pocket
Investment Breakdown
|
Purchase Price
$930k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$195k
Downpayment
20%
$186k
Closing costs
1%
$9,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,980
Total Expenses
$6,013
Mortgage P&I
157%
$4,667
Property Taxes
8%
$245
Home Insurance
11%
$326
HOA
0%
$0
Property Management
10%
$298
CapEx
5%
$149
Vacancy
6%
$179
Maintenance
5%
$149
Other
0%
$0