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This property looks like a bad Long-Term investment with a projected -22.41% first-year return on $515k initial cash invested.
-22.41%
Cash On Cash
1.57%
Cap Rate
0.26
DSCR
$7,764
Rent
-$9,609
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,764 income − $17,373 expenses = $9,609 out of pocket
Investment Breakdown
|
Purchase Price
$2450k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$515k
Downpayment
20%
$490k
Closing costs
1%
$24,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,764
Total Expenses
$17,373
Mortgage P&I
160%
$12,418
Property Taxes
27%
$2,079
Home Insurance
11%
$858
HOA
0%
$0
Property Management
10%
$776
CapEx
5%
$388
Vacancy
6%
$466
Maintenance
5%
$388
Other
0%
$0