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This property looks like a bad Long-Term investment with a projected -23.34% first-year return on $247k initial cash invested.
-23.34%
Cash On Cash
1.49%
Cap Rate
0.24
DSCR
$2,915
Rent
-$4,799
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,915 income − $7,714 expenses = $4,799 out of pocket
Investment Breakdown
|
Purchase Price
$1175k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$247k
Downpayment
20%
$235k
Closing costs
1%
$11,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,915
Total Expenses
$7,714
Mortgage P&I
210%
$6,116
Property Taxes
8%
$232
Home Insurance
14%
$411
HOA
7%
$196
Property Management
10%
$292
CapEx
5%
$146
Vacancy
6%
$175
Maintenance
5%
$146
Other
0%
$0