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This property looks like a bad Long-Term investment with a projected -22.3% first-year return on $497k initial cash invested.
-22.3%
Cash On Cash
1.58%
Cap Rate
0.26
DSCR
$6,354
Rent
-$9,240
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,354 income − $15,594 expenses = $9,240 out of pocket
Investment Breakdown
|
Purchase Price
$2368k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$497k
Downpayment
20%
$474k
Closing costs
1%
$23,680
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,354
Total Expenses
$15,594
Mortgage P&I
189%
$12,030
Property Taxes
16%
$1,020
Home Insurance
14%
$892
HOA
0%
$0
Property Management
10%
$635
CapEx
5%
$318
Vacancy
6%
$381
Maintenance
5%
$318
Other
0%
$0