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This property looks like a bad Long-Term investment with a projected -28.16% first-year return on $315k initial cash invested.
-28.16%
Cash On Cash
0.21%
Cap Rate
0.04
DSCR
$2,651
Rent
-$7,388
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,651 income − $10,039 expenses = $7,388 out of pocket
Investment Breakdown
|
Purchase Price
$1499k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$315k
Downpayment
20%
$300k
Closing costs
1%
$14,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,651
Total Expenses
$10,039
Mortgage P&I
284%
$7,522
Property Taxes
43%
$1,131
Home Insurance
20%
$525
HOA
6%
$171
Property Management
10%
$265
CapEx
5%
$133
Vacancy
6%
$159
Maintenance
5%
$133
Other
0%
$0