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This property looks like a bad Long-Term investment with a projected -22.78% first-year return on $483k initial cash invested.
-22.78%
Cash On Cash
1.48%
Cap Rate
0.24
DSCR
$7,179
Rent
-$9,174
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,179 income − $16,353 expenses = $9,174 out of pocket
Investment Breakdown
|
Purchase Price
$2302k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$483k
Downpayment
20%
$460k
Closing costs
1%
$23,016
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,179
Total Expenses
$16,353
Mortgage P&I
162%
$11,648
Property Taxes
28%
$1,999
Home Insurance
12%
$839
HOA
0%
$0
Property Management
10%
$718
CapEx
5%
$359
Vacancy
6%
$431
Maintenance
5%
$359
Other
0%
$0