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This property looks like a bad Long-Term investment with a projected -19.51% first-year return on $413k initial cash invested.
-19.51%
Cash On Cash
2.23%
Cap Rate
0.37
DSCR
$8,200
Rent
-$6,720
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,200 income − $14,920 expenses = $6,720 out of pocket
Investment Breakdown
|
Purchase Price
$1969k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$413k
Downpayment
20%
$394k
Closing costs
1%
$19,686
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$8,200
Total Expenses
$14,920
Mortgage P&I
122%
$9,974
Property Taxes
26%
$2,116
Home Insurance
9%
$698
HOA
0%
$0
Property Management
10%
$820
CapEx
5%
$410
Vacancy
6%
$492
Maintenance
5%
$410
Other
0%
$0