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This property looks like a bad Long-Term investment with a projected -27.17% first-year return on $591k initial cash invested.
-27.17%
Cash On Cash
0.36%
Cap Rate
0.06
DSCR
$7,974
Rent
-$13,385
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,974 income − $21,359 expenses = $13,385 out of pocket
Investment Breakdown
|
Purchase Price
$2815k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$591k
Downpayment
20%
$563k
Closing costs
1%
$28,146
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,974
Total Expenses
$21,359
Mortgage P&I
174%
$13,838
Property Taxes
56%
$4,440
Home Insurance
13%
$1,008
HOA
0%
$0
Property Management
10%
$797
CapEx
5%
$399
Vacancy
6%
$478
Maintenance
5%
$399
Other
0%
$0