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This property looks like a bad Long-Term investment with a projected -23.4% first-year return on $294k initial cash invested.
-23.4%
Cash On Cash
1.24%
Cap Rate
0.21
DSCR
$3,454
Rent
-$5,732
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,454 income − $9,186 expenses = $5,732 out of pocket
Investment Breakdown
|
Purchase Price
$1400k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$294k
Downpayment
20%
$280k
Closing costs
1%
$13,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,454
Total Expenses
$9,186
Mortgage P&I
203%
$7,001
Property Taxes
23%
$793
Home Insurance
14%
$490
HOA
0%
$4
Property Management
10%
$345
CapEx
5%
$173
Vacancy
6%
$207
Maintenance
5%
$173
Other
0%
$0