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This property looks like a bad Long-Term investment with a projected -14.01% first-year return on $294k initial cash invested.
-14.01%
Cash On Cash
3.28%
Cap Rate
0.55
DSCR
$6,281
Rent
-$3,431
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,281 income − $9,712 expenses = $3,431 out of pocket
Investment Breakdown
|
Purchase Price
$1399k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$294k
Downpayment
20%
$280k
Closing costs
1%
$13,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,281
Total Expenses
$9,712
Mortgage P&I
111%
$6,944
Property Taxes
10%
$645
Home Insurance
8%
$490
HOA
0%
$0
Property Management
10%
$628
CapEx
5%
$314
Vacancy
6%
$377
Maintenance
5%
$314
Other
0%
$0