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This property looks like a bad Long-Term investment with a projected -14.53% first-year return on $244k initial cash invested.
-14.53%
Cash On Cash
3.4%
Cap Rate
0.56
DSCR
$6,745
Rent
-$2,955
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,745 income − $9,700 expenses = $2,955 out of pocket
Investment Breakdown
|
Purchase Price
$1163k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$244k
Downpayment
20%
$233k
Closing costs
1%
$11,625
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,745
Total Expenses
$9,700
Mortgage P&I
88%
$5,910
Property Taxes
12%
$801
Home Insurance
7%
$443
HOA
12%
$793
Property Management
10%
$674
CapEx
5%
$337
Vacancy
6%
$405
Maintenance
5%
$337
Other
0%
$0