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This property looks like a bad Long-Term investment with a projected -16.51% first-year return on $294k initial cash invested.
-16.51%
Cash On Cash
3%
Cap Rate
0.48
DSCR
$5,645
Rent
-$4,042
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,645 income − $9,687 expenses = $4,042 out of pocket
Investment Breakdown
|
Purchase Price
$1399k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$294k
Downpayment
20%
$280k
Closing costs
1%
$13,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,645
Total Expenses
$9,687
Mortgage P&I
129%
$7,258
Property Taxes
8%
$472
Home Insurance
9%
$490
HOA
0%
$0
Property Management
10%
$564
CapEx
5%
$282
Vacancy
6%
$339
Maintenance
5%
$282
Other
0%
$0