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This property looks like a bad Long-Term investment with a projected -21.56% first-year return on $413k initial cash invested.
-21.56%
Cash On Cash
2.3%
Cap Rate
0.35
DSCR
$8,220
Rent
-$7,417
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,220 income − $15,637 expenses = $7,417 out of pocket
Investment Breakdown
|
Purchase Price
$1966k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$413k
Downpayment
20%
$393k
Closing costs
1%
$19,655
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$8,220
Total Expenses
$15,637
Mortgage P&I
131%
$10,766
Property Taxes
25%
$2,016
Home Insurance
9%
$718
HOA
0%
$0
Property Management
10%
$822
CapEx
5%
$411
Vacancy
6%
$493
Maintenance
5%
$411
Other
0%
$0