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This property looks like a bad Long-Term investment with a projected -22.43% first-year return on $204k initial cash invested.
-22.43%
Cash On Cash
1.4%
Cap Rate
0.24
DSCR
$2,530
Rent
-$3,822
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,530 income − $6,352 expenses = $3,822 out of pocket
Investment Breakdown
|
Purchase Price
$974k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$204k
Downpayment
20%
$195k
Closing costs
1%
$9,736
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,530
Total Expenses
$6,352
Mortgage P&I
191%
$4,833
Property Taxes
20%
$503
Home Insurance
14%
$359
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$126
Vacancy
6%
$152
Maintenance
5%
$126
Other
0%
$0