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This property looks like a bad Long-Term investment with a projected -19.63% first-year return on $420k initial cash invested.
-19.63%
Cash On Cash
2.2%
Cap Rate
0.36
DSCR
$5,806
Rent
-$6,863
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,806 income − $12,669 expenses = $6,863 out of pocket
Investment Breakdown
|
Purchase Price
$1998k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$420k
Downpayment
20%
$400k
Closing costs
1%
$19,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,806
Total Expenses
$12,669
Mortgage P&I
176%
$10,244
Property Taxes
4%
$217
Home Insurance
12%
$699
HOA
0%
$0
Property Management
10%
$581
CapEx
5%
$290
Vacancy
6%
$348
Maintenance
5%
$290
Other
0%
$0