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This property looks like a bad Long-Term investment with a projected -23.92% first-year return on $473k initial cash invested.
-23.92%
Cash On Cash
1.25%
Cap Rate
0.2
DSCR
$6,500
Rent
-$9,420
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,500 income − $15,920 expenses = $9,420 out of pocket
Investment Breakdown
|
Purchase Price
$2250k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$473k
Downpayment
20%
$450k
Closing costs
1%
$22,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,500
Total Expenses
$15,920
Mortgage P&I
176%
$11,436
Property Taxes
31%
$2,006
Home Insurance
12%
$788
HOA
0%
$0
Property Management
10%
$650
CapEx
5%
$325
Vacancy
6%
$390
Maintenance
5%
$325
Other
0%
$0