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This property looks like a bad Long-Term investment with a projected -22.57% first-year return on $340k initial cash invested.
-22.57%
Cash On Cash
1.46%
Cap Rate
0.24
DSCR
$4,761
Rent
-$6,387
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,761 income − $11,148 expenses = $6,387 out of pocket
Investment Breakdown
|
Purchase Price
$1617k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$340k
Downpayment
20%
$323k
Closing costs
1%
$16,174
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,761
Total Expenses
$11,148
Mortgage P&I
170%
$8,116
Property Taxes
25%
$1,199
Home Insurance
13%
$595
HOA
0%
$0
Property Management
10%
$476
CapEx
5%
$238
Vacancy
6%
$286
Maintenance
5%
$238
Other
0%
$0