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This property looks like a bad Long-Term investment with a projected -22.02% first-year return on $215k initial cash invested.
-22.02%
Cash On Cash
1.6%
Cap Rate
0.27
DSCR
$3,096
Rent
-$3,939
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,096 income − $7,035 expenses = $3,939 out of pocket
Investment Breakdown
|
Purchase Price
$1022k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$215k
Downpayment
20%
$204k
Closing costs
1%
$10,222
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,096
Total Expenses
$7,035
Mortgage P&I
166%
$5,151
Property Taxes
23%
$702
Home Insurance
12%
$376
HOA
0%
$0
Property Management
10%
$310
CapEx
5%
$155
Vacancy
6%
$186
Maintenance
5%
$155
Other
0%
$0