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This property looks like a bad Long-Term investment with a projected -22.82% first-year return on $601k initial cash invested.
-22.82%
Cash On Cash
1.47%
Cap Rate
0.24
DSCR
$7,819
Rent
-$11,425
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,819 income − $19,244 expenses = $11,425 out of pocket
Investment Breakdown
|
Purchase Price
$2861k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$601k
Downpayment
20%
$572k
Closing costs
1%
$28,613
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,819
Total Expenses
$19,244
Mortgage P&I
186%
$14,539
Property Taxes
17%
$1,344
Home Insurance
13%
$1,048
HOA
4%
$280
Property Management
10%
$782
CapEx
5%
$391
Vacancy
6%
$469
Maintenance
5%
$391
Other
0%
$0