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This property looks like a bad Long-Term investment with a projected -22.07% first-year return on $584k initial cash invested.
-22.07%
Cash On Cash
1.74%
Cap Rate
0.28
DSCR
$7,014
Rent
-$10,749
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,014 income − $17,763 expenses = $10,749 out of pocket
Investment Breakdown
|
Purchase Price
$2783k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$584k
Downpayment
20%
$557k
Closing costs
1%
$27,829
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,014
Total Expenses
$17,763
Mortgage P&I
206%
$14,440
Property Taxes
6%
$429
Home Insurance
15%
$1,032
HOA
1%
$38
Property Management
10%
$701
CapEx
5%
$351
Vacancy
6%
$421
Maintenance
5%
$351
Other
0%
$0