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This property looks like a bad Long-Term investment with a projected -28.02% first-year return on $1260k initial cash invested.
-28.02%
Cash On Cash
0.16%
Cap Rate
0.03
DSCR
$4,478
Rent
-$29,424
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,478 income − $33,902 expenses = $29,424 out of pocket
Investment Breakdown
|
Purchase Price
$6000k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$1260k
Downpayment
20%
$1200k
Closing costs
1%
$60,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,478
Total Expenses
$33,902
Mortgage P&I
670%
$30,024
Property Taxes
14%
$613
Home Insurance
47%
$2,100
HOA
0%
$0
Property Management
10%
$448
CapEx
5%
$224
Vacancy
6%
$269
Maintenance
5%
$224
Other
0%
$0