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This property looks like a bad Long-Term investment with a projected -21.66% first-year return on $229k initial cash invested.
-21.66%
Cash On Cash
1.81%
Cap Rate
0.29
DSCR
$3,253
Rent
-$4,142
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,253 income − $7,395 expenses = $4,142 out of pocket
Investment Breakdown
|
Purchase Price
$1093k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$229k
Downpayment
20%
$219k
Closing costs
1%
$10,927
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,253
Total Expenses
$7,395
Mortgage P&I
173%
$5,623
Property Taxes
14%
$466
Home Insurance
12%
$401
HOA
2%
$59
Property Management
10%
$325
CapEx
5%
$163
Vacancy
6%
$195
Maintenance
5%
$163
Other
0%
$0