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This property looks like a bad Long-Term investment with a projected -24.33% first-year return on $496k initial cash invested.
-24.33%
Cash On Cash
1.07%
Cap Rate
0.18
DSCR
$6,485
Rent
-$10,051
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,485 income − $16,536 expenses = $10,051 out of pocket
Investment Breakdown
|
Purchase Price
$2361k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$496k
Downpayment
20%
$472k
Closing costs
1%
$23,606
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,485
Total Expenses
$16,536
Mortgage P&I
182%
$11,830
Property Taxes
34%
$2,182
Home Insurance
13%
$839
HOA
0%
$0
Property Management
10%
$648
CapEx
5%
$324
Vacancy
6%
$389
Maintenance
5%
$324
Other
0%
$0