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This property looks like a bad Long-Term investment with a projected -24.65% first-year return on $321k initial cash invested.
-24.65%
Cash On Cash
1.11%
Cap Rate
0.18
DSCR
$2,853
Rent
-$6,602
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,853 income − $9,455 expenses = $6,602 out of pocket
Investment Breakdown
|
Purchase Price
$1531k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$321k
Downpayment
20%
$306k
Closing costs
1%
$15,306
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,853
Total Expenses
$9,455
Mortgage P&I
276%
$7,873
Property Taxes
10%
$280
Home Insurance
20%
$560
HOA
0%
$0
Property Management
10%
$285
CapEx
5%
$143
Vacancy
6%
$171
Maintenance
5%
$143
Other
0%
$0