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This property looks like a bad Long-Term investment with a projected -24.69% first-year return on $672k initial cash invested.
-24.69%
Cash On Cash
1.54%
Cap Rate
0.23
DSCR
$7,304
Rent
-$13,825
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,304 income − $21,129 expenses = $13,825 out of pocket
Investment Breakdown
|
Purchase Price
$3200k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$672k
Downpayment
20%
$640k
Closing costs
1%
$32,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,304
Total Expenses
$21,129
Mortgage P&I
240%
$17,565
Property Taxes
6%
$463
Home Insurance
15%
$1,120
HOA
1%
$83
Property Management
10%
$730
CapEx
5%
$365
Vacancy
6%
$438
Maintenance
5%
$365
Other
0%
$0