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This property looks like a bad Long-Term investment with a projected -20.12% first-year return on $420k initial cash invested.
-20.12%
Cash On Cash
2.06%
Cap Rate
0.34
DSCR
$6,103
Rent
-$7,040
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,103 income − $13,143 expenses = $7,040 out of pocket
Investment Breakdown
|
Purchase Price
$1999k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$420k
Downpayment
20%
$400k
Closing costs
1%
$19,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,103
Total Expenses
$13,143
Mortgage P&I
167%
$10,173
Property Taxes
11%
$684
Home Insurance
11%
$700
HOA
0%
$0
Property Management
10%
$610
CapEx
5%
$305
Vacancy
6%
$366
Maintenance
5%
$305
Other
0%
$0