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This property looks like a bad Long-Term investment with a projected -23.52% first-year return on $462k initial cash invested.
-23.52%
Cash On Cash
1.51%
Cap Rate
0.24
DSCR
$4,928
Rent
-$9,055
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,928 income − $13,983 expenses = $9,055 out of pocket
Investment Breakdown
|
Purchase Price
$2200k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$462k
Downpayment
20%
$440k
Closing costs
1%
$22,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,928
Total Expenses
$13,983
Mortgage P&I
235%
$11,584
Property Taxes
7%
$348
Home Insurance
16%
$770
HOA
0%
$0
Property Management
10%
$493
CapEx
5%
$246
Vacancy
6%
$296
Maintenance
5%
$246
Other
0%
$0