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This property looks like a bad Long-Term investment with a projected -25.31% first-year return on $315k initial cash invested.
-25.31%
Cash On Cash
0.88%
Cap Rate
0.14
DSCR
$3,052
Rent
-$6,645
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,052 income − $9,697 expenses = $6,645 out of pocket
Investment Breakdown
|
Purchase Price
$1500k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$315k
Downpayment
20%
$300k
Closing costs
1%
$15,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,052
Total Expenses
$9,697
Mortgage P&I
249%
$7,591
Property Taxes
26%
$787
Home Insurance
17%
$525
HOA
0%
$0
Property Management
10%
$305
CapEx
5%
$153
Vacancy
6%
$183
Maintenance
5%
$153
Other
0%
$0