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This property looks like a bad Long-Term investment with a projected -17.47% first-year return on $179k initial cash invested.
-17.47%
Cash On Cash
2.64%
Cap Rate
0.44
DSCR
$3,477
Rent
-$2,600
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,477 income − $6,077 expenses = $2,600 out of pocket
Investment Breakdown
|
Purchase Price
$850k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$170k
Closing costs
1%
$8,503
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,477
Total Expenses
$6,077
Mortgage P&I
124%
$4,300
Property Taxes
16%
$559
Home Insurance
9%
$313
HOA
0%
$0
Property Management
10%
$348
CapEx
5%
$174
Vacancy
6%
$209
Maintenance
5%
$174
Other
0%
$0