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This property looks like a bad Long-Term investment with a projected -24.11% first-year return on $273k initial cash invested.
-24.11%
Cash On Cash
1.19%
Cap Rate
0.19
DSCR
$2,447
Rent
-$5,485
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,447 income − $7,932 expenses = $5,485 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$273k
Downpayment
20%
$260k
Closing costs
1%
$13,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,447
Total Expenses
$7,932
Mortgage P&I
272%
$6,653
Property Taxes
8%
$188
Home Insurance
19%
$455
HOA
0%
$0
Property Management
10%
$245
CapEx
5%
$122
Vacancy
6%
$147
Maintenance
5%
$122
Other
0%
$0