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This property looks like a bad Long-Term investment with a projected -23.32% first-year return on $599k initial cash invested.
-23.32%
Cash On Cash
1.31%
Cap Rate
0.22
DSCR
$6,347
Rent
-$11,634
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,347 income − $17,981 expenses = $11,634 out of pocket
Investment Breakdown
|
Purchase Price
$2851k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$599k
Downpayment
20%
$570k
Closing costs
1%
$28,505
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,347
Total Expenses
$17,981
Mortgage P&I
227%
$14,426
Property Taxes
13%
$856
Home Insurance
17%
$1,049
HOA
0%
$0
Property Management
10%
$635
CapEx
5%
$317
Vacancy
6%
$381
Maintenance
5%
$317
Other
0%
$0