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This property looks like a bad Long-Term investment with a projected -18.81% first-year return on $462k initial cash invested.
-18.81%
Cash On Cash
2.34%
Cap Rate
0.39
DSCR
$7,923
Rent
-$7,237
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,923 income − $15,160 expenses = $7,237 out of pocket
Investment Breakdown
|
Purchase Price
$2199k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$462k
Downpayment
20%
$440k
Closing costs
1%
$21,986
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,923
Total Expenses
$15,160
Mortgage P&I
140%
$11,127
Property Taxes
12%
$966
Home Insurance
11%
$875
HOA
2%
$133
Property Management
10%
$792
CapEx
5%
$396
Vacancy
6%
$475
Maintenance
5%
$396
Other
0%
$0