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This property looks like a bad Long-Term investment with a projected -16.44% first-year return on $304k initial cash invested.
-16.44%
Cash On Cash
3.3%
Cap Rate
0.51
DSCR
$6,230
Rent
-$4,169
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,230 income − $10,399 expenses = $4,169 out of pocket
Investment Breakdown
|
Purchase Price
$1449k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$304k
Downpayment
20%
$290k
Closing costs
1%
$14,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,230
Total Expenses
$10,399
Mortgage P&I
126%
$7,847
Property Taxes
7%
$424
Home Insurance
8%
$507
HOA
0%
$0
Property Management
10%
$623
CapEx
5%
$312
Vacancy
6%
$374
Maintenance
5%
$312
Other
0%
$0