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This property looks like a bad Long-Term investment with a projected -20.38% first-year return on $231k initial cash invested.
-20.38%
Cash On Cash
1.96%
Cap Rate
0.33
DSCR
$3,988
Rent
-$3,924
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,988 income − $7,912 expenses = $3,924 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,988
Total Expenses
$7,912
Mortgage P&I
138%
$5,519
Property Taxes
24%
$972
Home Insurance
10%
$385
HOA
0%
$0
Property Management
10%
$399
CapEx
5%
$199
Vacancy
6%
$239
Maintenance
5%
$199
Other
0%
$0