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This property looks like a bad Long-Term investment with a projected -20.73% first-year return on $457k initial cash invested.
-20.73%
Cash On Cash
1.92%
Cap Rate
0.31
DSCR
$6,042
Rent
-$7,889
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,042 income − $13,931 expenses = $7,889 out of pocket
Investment Breakdown
|
Purchase Price
$2175k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$457k
Downpayment
20%
$435k
Closing costs
1%
$21,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,042
Total Expenses
$13,931
Mortgage P&I
183%
$11,069
Property Taxes
9%
$530
Home Insurance
13%
$761
HOA
0%
$0
Property Management
10%
$604
CapEx
5%
$302
Vacancy
6%
$363
Maintenance
5%
$302
Other
0%
$0