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This property looks like a bad Long-Term investment with a projected -27.76% first-year return on $629k initial cash invested.
-27.76%
Cash On Cash
0.6%
Cap Rate
0.09
DSCR
$4,324
Rent
-$14,549
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,324 income − $18,873 expenses = $14,549 out of pocket
Investment Breakdown
|
Purchase Price
$2995k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$629k
Downpayment
20%
$599k
Closing costs
1%
$29,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,324
Total Expenses
$18,873
Mortgage P&I
366%
$15,831
Property Taxes
19%
$813
Home Insurance
24%
$1,048
HOA
1%
$58
Property Management
10%
$432
CapEx
5%
$216
Vacancy
6%
$259
Maintenance
5%
$216
Other
0%
$0