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This property looks like a bad Long-Term investment with a projected -18.8% first-year return on $315k initial cash invested.
-18.8%
Cash On Cash
2.24%
Cap Rate
0.37
DSCR
$4,463
Rent
-$4,931
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,463 income − $9,394 expenses = $4,931 out of pocket
Investment Breakdown
|
Purchase Price
$1499k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$315k
Downpayment
20%
$300k
Closing costs
1%
$14,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,463
Total Expenses
$9,394
Mortgage P&I
168%
$7,506
Property Taxes
2%
$107
Home Insurance
12%
$525
HOA
2%
$96
Property Management
10%
$446
CapEx
5%
$223
Vacancy
6%
$268
Maintenance
5%
$223
Other
0%
$0