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This property looks like a bad Long-Term investment with a projected -22.48% first-year return on $231k initial cash invested.
-22.48%
Cash On Cash
1.46%
Cap Rate
0.24
DSCR
$2,538
Rent
-$4,328
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,538 income − $6,866 expenses = $4,328 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,538
Total Expenses
$6,866
Mortgage P&I
218%
$5,543
Property Taxes
11%
$278
Home Insurance
15%
$385
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0