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This property looks like a bad Long-Term investment with a projected -29.93% first-year return on $588k initial cash invested.
-29.93%
Cash On Cash
0.09%
Cap Rate
0.01
DSCR
$2,829
Rent
-$14,667
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,829 income − $17,496 expenses = $14,667 out of pocket
Investment Breakdown
|
Purchase Price
$2800k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$588k
Downpayment
20%
$560k
Closing costs
1%
$28,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,829
Total Expenses
$17,496
Mortgage P&I
521%
$14,741
Property Taxes
37%
$1,040
Home Insurance
35%
$980
HOA
0%
$0
Property Management
10%
$283
CapEx
5%
$141
Vacancy
6%
$170
Maintenance
5%
$141
Other
0%
$0