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This property looks like a bad Long-Term investment with a projected -21.75% first-year return on $223k initial cash invested.
-21.75%
Cash On Cash
1.53%
Cap Rate
0.26
DSCR
$2,835
Rent
-$4,046
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,835 income − $6,881 expenses = $4,046 out of pocket
Investment Breakdown
|
Purchase Price
$1063k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$223k
Downpayment
20%
$213k
Closing costs
1%
$10,631
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,835
Total Expenses
$6,881
Mortgage P&I
186%
$5,261
Property Taxes
18%
$497
Home Insurance
14%
$385
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0