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This property looks like a bad Long-Term investment with a projected -26.86% first-year return on $675k initial cash invested.
-26.86%
Cash On Cash
0.53%
Cap Rate
0.09
DSCR
$6,490
Rent
-$15,110
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,490 income − $21,600 expenses = $15,110 out of pocket
Investment Breakdown
|
Purchase Price
$3215k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$675k
Downpayment
20%
$643k
Closing costs
1%
$32,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,490
Total Expenses
$21,600
Mortgage P&I
250%
$16,207
Property Taxes
41%
$2,693
Home Insurance
16%
$1,014
HOA
0%
$0
Property Management
10%
$649
CapEx
5%
$324
Vacancy
6%
$389
Maintenance
5%
$324
Other
0%
$0