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This property looks like a bad Long-Term investment with a projected -21.8% first-year return on $185k initial cash invested.
-21.8%
Cash On Cash
1.74%
Cap Rate
0.28
DSCR
$2,886
Rent
-$3,355
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,886 income − $6,241 expenses = $3,355 out of pocket
Investment Breakdown
|
Purchase Price
$880k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$185k
Downpayment
20%
$176k
Closing costs
1%
$8,795
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,886
Total Expenses
$6,241
Mortgage P&I
155%
$4,487
Property Taxes
24%
$696
Home Insurance
11%
$308
HOA
0%
$0
Property Management
10%
$289
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0