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This property looks like a bad Long-Term investment with a projected -19.04% first-year return on $300k initial cash invested.
-19.04%
Cash On Cash
2.48%
Cap Rate
0.4
DSCR
$5,220
Rent
-$4,761
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,220 income − $9,981 expenses = $4,761 out of pocket
Investment Breakdown
|
Purchase Price
$1429k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$300k
Downpayment
20%
$286k
Closing costs
1%
$14,285
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,220
Total Expenses
$9,981
Mortgage P&I
143%
$7,456
Property Taxes
8%
$398
Home Insurance
15%
$770
HOA
0%
$0
Property Management
10%
$522
CapEx
5%
$261
Vacancy
6%
$313
Maintenance
5%
$261
Other
0%
$0