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This property looks like a bad Long-Term investment with a projected -27.01% first-year return on $428k initial cash invested.
-27.01%
Cash On Cash
0.55%
Cap Rate
0.09
DSCR
$2,805
Rent
-$9,635
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,805 income − $12,440 expenses = $9,635 out of pocket
Investment Breakdown
|
Purchase Price
$2039k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$428k
Downpayment
20%
$408k
Closing costs
1%
$20,385
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,805
Total Expenses
$12,440
Mortgage P&I
372%
$10,428
Property Taxes
18%
$518
Home Insurance
27%
$766
HOA
0%
$0
Property Management
10%
$280
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0