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This property looks like a bad Long-Term investment with a projected -25.43% first-year return on $610k initial cash invested.
-25.43%
Cash On Cash
0.84%
Cap Rate
0.14
DSCR
$7,981
Rent
-$12,923
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,981 income − $20,904 expenses = $12,923 out of pocket
Investment Breakdown
|
Purchase Price
$2904k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$610k
Downpayment
20%
$581k
Closing costs
1%
$29,041
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,981
Total Expenses
$20,904
Mortgage P&I
182%
$14,546
Property Taxes
33%
$2,648
Home Insurance
13%
$1,048
HOA
7%
$587
Property Management
10%
$798
CapEx
5%
$399
Vacancy
6%
$479
Maintenance
5%
$399
Other
0%
$0