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This property looks like a bad Long-Term investment with a projected -24.72% first-year return on $340k initial cash invested.
-24.72%
Cash On Cash
0.95%
Cap Rate
0.16
DSCR
$3,670
Rent
-$7,005
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,670 income − $10,675 expenses = $7,005 out of pocket
Investment Breakdown
|
Purchase Price
$1620k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$340k
Downpayment
20%
$324k
Closing costs
1%
$16,196
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,670
Total Expenses
$10,675
Mortgage P&I
221%
$8,106
Property Taxes
27%
$1,003
Home Insurance
16%
$595
HOA
0%
$16
Property Management
10%
$367
CapEx
5%
$184
Vacancy
6%
$220
Maintenance
5%
$184
Other
0%
$0