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This property looks like a bad Long-Term investment with a projected -24.17% first-year return on $297k initial cash invested.
-24.17%
Cash On Cash
0.91%
Cap Rate
0.16
DSCR
$2,922
Rent
-$5,977
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,922 income − $8,899 expenses = $5,977 out of pocket
Investment Breakdown
|
Purchase Price
$1413k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$297k
Downpayment
20%
$283k
Closing costs
1%
$14,129
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,922
Total Expenses
$8,899
Mortgage P&I
236%
$6,907
Property Taxes
24%
$710
Home Insurance
18%
$523
HOA
0%
$0
Property Management
10%
$292
CapEx
5%
$146
Vacancy
6%
$175
Maintenance
5%
$146
Other
0%
$0