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This property looks like a bad Long-Term investment with a projected -18.61% first-year return on $214k initial cash invested.
-18.61%
Cash On Cash
2.29%
Cap Rate
0.38
DSCR
$3,220
Rent
-$3,320
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,220 income − $6,540 expenses = $3,320 out of pocket
Investment Breakdown
|
Purchase Price
$1019k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$214k
Downpayment
20%
$204k
Closing costs
1%
$10,192
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,220
Total Expenses
$6,540
Mortgage P&I
158%
$5,103
Property Taxes
7%
$232
Home Insurance
11%
$368
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0