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This property looks like a bad Long-Term investment with a projected -25.97% first-year return on $622k initial cash invested.
-25.97%
Cash On Cash
0.7%
Cap Rate
0.12
DSCR
$7,152
Rent
-$13,458
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,152 income − $20,610 expenses = $13,458 out of pocket
Investment Breakdown
|
Purchase Price
$2961k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$622k
Downpayment
20%
$592k
Closing costs
1%
$29,611
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,152
Total Expenses
$20,610
Mortgage P&I
207%
$14,817
Property Taxes
38%
$2,684
Home Insurance
15%
$1,049
HOA
3%
$200
Property Management
10%
$715
CapEx
5%
$358
Vacancy
6%
$429
Maintenance
5%
$358
Other
0%
$0