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This property looks like a bad Long-Term investment with a projected -24.99% first-year return on $663k initial cash invested.
-24.99%
Cash On Cash
0.89%
Cap Rate
0.15
DSCR
$6,400
Rent
-$13,812
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,400 income − $20,212 expenses = $13,812 out of pocket
Investment Breakdown
|
Purchase Price
$3159k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$663k
Downpayment
20%
$632k
Closing costs
1%
$31,587
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,400
Total Expenses
$20,212
Mortgage P&I
247%
$15,834
Property Taxes
9%
$567
Home Insurance
18%
$1,172
HOA
15%
$975
Property Management
10%
$640
CapEx
5%
$320
Vacancy
6%
$384
Maintenance
5%
$320
Other
0%
$0