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This property looks like a bad Long-Term investment with a projected -25.73% first-year return on $252k initial cash invested.
-25.73%
Cash On Cash
1.04%
Cap Rate
0.16
DSCR
$2,653
Rent
-$5,403
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,653 income − $8,056 expenses = $5,403 out of pocket
Investment Breakdown
|
Purchase Price
$1200k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$252k
Downpayment
20%
$240k
Closing costs
1%
$12,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,653
Total Expenses
$8,056
Mortgage P&I
238%
$6,310
Property Taxes
24%
$636
Home Insurance
16%
$420
HOA
0%
$0
Property Management
10%
$265
CapEx
5%
$133
Vacancy
6%
$159
Maintenance
5%
$133
Other
0%
$0