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This property looks like a bad Long-Term investment with a projected -20.31% first-year return on $428k initial cash invested.
-20.31%
Cash On Cash
1.95%
Cap Rate
0.32
DSCR
$7,422
Rent
-$7,241
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,422 income − $14,663 expenses = $7,241 out of pocket
Investment Breakdown
|
Purchase Price
$2037k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$428k
Downpayment
20%
$407k
Closing costs
1%
$20,369
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,422
Total Expenses
$14,663
Mortgage P&I
137%
$10,174
Property Taxes
15%
$1,135
Home Insurance
10%
$768
HOA
9%
$657
Property Management
10%
$742
CapEx
5%
$371
Vacancy
6%
$445
Maintenance
5%
$371
Other
0%
$0