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This property looks like a bad Long-Term investment with a projected -24.47% first-year return on $358k initial cash invested.
-24.47%
Cash On Cash
1.3%
Cap Rate
0.21
DSCR
$3,362
Rent
-$7,295
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,362 income − $10,657 expenses = $7,295 out of pocket
Investment Breakdown
|
Purchase Price
$1703k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$358k
Downpayment
20%
$341k
Closing costs
1%
$17,032
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,362
Total Expenses
$10,657
Mortgage P&I
267%
$8,975
Property Taxes
5%
$178
Home Insurance
19%
$630
HOA
0%
$0
Property Management
10%
$336
CapEx
5%
$168
Vacancy
6%
$202
Maintenance
5%
$168
Other
0%
$0