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This property looks like a bad Long-Term investment with a projected -24.33% first-year return on $264k initial cash invested.
-24.33%
Cash On Cash
1.6%
Cap Rate
0.24
DSCR
$3,351
Rent
-$5,344
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,351 income − $8,695 expenses = $5,344 out of pocket
Investment Breakdown
|
Purchase Price
$1255k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$264k
Downpayment
20%
$251k
Closing costs
1%
$12,552
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,351
Total Expenses
$8,695
Mortgage P&I
204%
$6,846
Property Taxes
16%
$522
Home Insurance
14%
$455
HOA
0%
$0
Property Management
10%
$335
CapEx
5%
$168
Vacancy
6%
$201
Maintenance
5%
$168
Other
0%
$0