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This property looks like a bad Long-Term investment with a projected -22.68% first-year return on $840k initial cash invested.
-22.68%
Cash On Cash
1.3%
Cap Rate
0.22
DSCR
$7,562
Rent
-$15,877
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,562 income − $23,439 expenses = $15,877 out of pocket
Investment Breakdown
|
Purchase Price
$4000k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$840k
Downpayment
20%
$800k
Closing costs
1%
$40,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,562
Total Expenses
$23,439
Mortgage P&I
262%
$19,832
Property Taxes
3%
$241
Home Insurance
19%
$1,400
HOA
0%
$0
Property Management
10%
$756
CapEx
5%
$378
Vacancy
6%
$454
Maintenance
5%
$378
Other
0%
$0