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This property looks like a bad Long-Term investment with a projected -24.28% first-year return on $481k initial cash invested.
-24.28%
Cash On Cash
1.08%
Cap Rate
0.18
DSCR
$6,328
Rent
-$9,732
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,328 income − $16,060 expenses = $9,732 out of pocket
Investment Breakdown
|
Purchase Price
$2290k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$481k
Downpayment
20%
$458k
Closing costs
1%
$22,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,328
Total Expenses
$16,060
Mortgage P&I
181%
$11,480
Property Taxes
32%
$2,023
Home Insurance
13%
$802
HOA
2%
$110
Property Management
10%
$633
CapEx
5%
$316
Vacancy
6%
$380
Maintenance
5%
$316
Other
0%
$0