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This property looks like a bad Long-Term investment with a projected -27.84% first-year return on $609k initial cash invested.
-27.84%
Cash On Cash
-0.03%
Cap Rate
-0.01
DSCR
$2,043
Rent
-$14,130
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$2900k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$609k
Downpayment
20%
$580k
Closing costs
1%
$29,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,043
Total Expenses
$16,173
Mortgage P&I
683%
$13,950
Property Taxes
28%
$564
Home Insurance
50%
$1,015
HOA
6%
$113
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0