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This property looks like a bad Long-Term investment with a projected -20.65% first-year return on $1281k initial cash invested.
-20.65%
Cash On Cash
1.82%
Cap Rate
0.3
DSCR
$15,000
Rent
-$22,040
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$15,000 income − $37,040 expenses = $22,040 out of pocket
Investment Breakdown
|
Purchase Price
$6100k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$1281k
Downpayment
20%
$1220k
Closing costs
1%
$61,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$15,000
Total Expenses
$37,040
Mortgage P&I
204%
$30,544
Property Taxes
3%
$461
Home Insurance
14%
$2,135
HOA
0%
$0
Property Management
10%
$1,500
CapEx
5%
$750
Vacancy
6%
$900
Maintenance
5%
$750
Other
0%
$0