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This property looks like a bad Long-Term investment with a projected -28.64% first-year return on $588k initial cash invested.
-28.64%
Cash On Cash
0.87%
Cap Rate
0.13
DSCR
$7,303
Rent
-$14,035
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,303 income − $21,338 expenses = $14,035 out of pocket
Investment Breakdown
|
Purchase Price
$2800k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$588k
Downpayment
20%
$560k
Closing costs
1%
$28,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,303
Total Expenses
$21,338
Mortgage P&I
215%
$15,707
Property Taxes
38%
$2,753
Home Insurance
13%
$980
HOA
0%
$0
Property Management
10%
$730
CapEx
5%
$365
Vacancy
6%
$438
Maintenance
5%
$365
Other
0%
$0