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This property looks like a bad Long-Term investment with a projected -28.24% first-year return on $662k initial cash invested.
-28.24%
Cash On Cash
0.26%
Cap Rate
0.04
DSCR
$2,620
Rent
-$15,566
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,620 income − $18,186 expenses = $15,566 out of pocket
Investment Breakdown
|
Purchase Price
$3150k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$662k
Downpayment
20%
$630k
Closing costs
1%
$31,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,620
Total Expenses
$18,186
Mortgage P&I
615%
$16,116
Property Taxes
11%
$287
Home Insurance
42%
$1,102
HOA
0%
$0
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0