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This property looks like a bad Long-Term investment with a projected -22.01% first-year return on $293k initial cash invested.
-22.01%
Cash On Cash
1.64%
Cap Rate
0.27
DSCR
$3,450
Rent
-$5,373
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,450 income − $8,823 expenses = $5,373 out of pocket
Investment Breakdown
|
Purchase Price
$1395k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$293k
Downpayment
20%
$279k
Closing costs
1%
$13,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,450
Total Expenses
$8,823
Mortgage P&I
206%
$7,106
Property Taxes
10%
$333
Home Insurance
14%
$488
HOA
0%
$0
Property Management
10%
$345
CapEx
5%
$172
Vacancy
6%
$207
Maintenance
5%
$172
Other
0%
$0