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This property looks like a bad Long-Term investment with a projected -23.23% first-year return on $324k initial cash invested.
-23.23%
Cash On Cash
1.53%
Cap Rate
0.24
DSCR
$3,601
Rent
-$6,282
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,601 income − $9,883 expenses = $6,282 out of pocket
Investment Breakdown
|
Purchase Price
$1545k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$324k
Downpayment
20%
$309k
Closing costs
1%
$15,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,601
Total Expenses
$9,883
Mortgage P&I
224%
$8,068
Property Taxes
9%
$338
Home Insurance
15%
$541
HOA
0%
$0
Property Management
10%
$360
CapEx
5%
$180
Vacancy
6%
$216
Maintenance
5%
$180
Other
0%
$0