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This property looks like a bad Long-Term investment with a projected -27.32% first-year return on $688k initial cash invested.
-27.32%
Cash On Cash
0.44%
Cap Rate
0.07
DSCR
$6,981
Rent
-$15,663
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,981 income − $22,644 expenses = $15,663 out of pocket
Investment Breakdown
|
Purchase Price
$3276k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$688k
Downpayment
20%
$655k
Closing costs
1%
$32,755
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,981
Total Expenses
$22,644
Mortgage P&I
237%
$16,523
Property Taxes
45%
$3,116
Home Insurance
17%
$1,190
HOA
0%
$0
Property Management
10%
$698
CapEx
5%
$349
Vacancy
6%
$419
Maintenance
5%
$349
Other
0%
$0