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This property looks like a bad Long-Term investment with a projected -23.47% first-year return on $627k initial cash invested.
-23.47%
Cash On Cash
1.18%
Cap Rate
0.2
DSCR
$7,803
Rent
-$12,266
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,803 income − $20,069 expenses = $12,266 out of pocket
Investment Breakdown
|
Purchase Price
$2986k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$627k
Downpayment
20%
$597k
Closing costs
1%
$29,859
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,803
Total Expenses
$20,069
Mortgage P&I
190%
$14,804
Property Taxes
31%
$2,397
Home Insurance
11%
$840
HOA
0%
$0
Property Management
10%
$780
CapEx
5%
$390
Vacancy
6%
$468
Maintenance
5%
$390
Other
0%
$0