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This property looks like a bad Long-Term investment with a projected -24.1% first-year return on $480k initial cash invested.
-24.1%
Cash On Cash
1.24%
Cap Rate
0.2
DSCR
$4,820
Rent
-$9,638
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,820 income − $14,458 expenses = $9,638 out of pocket
Investment Breakdown
|
Purchase Price
$2285k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$480k
Downpayment
20%
$457k
Closing costs
1%
$22,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,820
Total Expenses
$14,458
Mortgage P&I
244%
$11,756
Property Taxes
12%
$591
Home Insurance
17%
$800
HOA
1%
$58
Property Management
10%
$482
CapEx
5%
$241
Vacancy
6%
$289
Maintenance
5%
$241
Other
0%
$0