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This property looks like a bad Long-Term investment with a projected -25.31% first-year return on $504k initial cash invested.
-25.31%
Cash On Cash
1.63%
Cap Rate
0.24
DSCR
$8,513
Rent
-$10,622
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,513 income − $19,135 expenses = $10,622 out of pocket
Investment Breakdown
|
Purchase Price
$2398k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$504k
Downpayment
20%
$480k
Closing costs
1%
$23,979
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$8,513
Total Expenses
$19,135
Mortgage P&I
158%
$13,451
Property Taxes
29%
$2,492
Home Insurance
11%
$978
HOA
0%
$0
Property Management
10%
$851
CapEx
5%
$426
Vacancy
6%
$511
Maintenance
5%
$426
Other
0%
$0