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This property looks like a bad Long-Term investment with a projected -21.88% first-year return on $349k initial cash invested.
-21.88%
Cash On Cash
1.72%
Cap Rate
0.28
DSCR
$6,301
Rent
-$6,366
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,301 income − $12,667 expenses = $6,366 out of pocket
Investment Breakdown
|
Purchase Price
$1662k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$349k
Downpayment
20%
$332k
Closing costs
1%
$16,623
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,301
Total Expenses
$12,667
Mortgage P&I
134%
$8,429
Property Taxes
27%
$1,726
Home Insurance
9%
$594
HOA
4%
$280
Property Management
10%
$630
CapEx
5%
$315
Vacancy
6%
$378
Maintenance
5%
$315
Other
0%
$0