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This property looks like a bad Long-Term investment with a projected -25.79% first-year return on $315k initial cash invested.
-25.79%
Cash On Cash
0.8%
Cap Rate
0.13
DSCR
$2,069
Rent
-$6,771
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,069 income − $8,840 expenses = $6,771 out of pocket
Investment Breakdown
|
Purchase Price
$1500k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$315k
Downpayment
20%
$300k
Closing costs
1%
$15,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,069
Total Expenses
$8,840
Mortgage P&I
371%
$7,672
Property Taxes
5%
$106
Home Insurance
25%
$525
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0