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This property looks like a bad Long-Term investment with a projected -24.49% first-year return on $693k initial cash invested.
-24.49%
Cash On Cash
1.03%
Cap Rate
0.17
DSCR
$7,943
Rent
-$14,142
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,943 income − $22,085 expenses = $14,142 out of pocket
Investment Breakdown
|
Purchase Price
$3300k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$693k
Downpayment
20%
$660k
Closing costs
1%
$32,997
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,943
Total Expenses
$22,085
Mortgage P&I
209%
$16,581
Property Taxes
28%
$2,231
Home Insurance
15%
$1,208
HOA
0%
$0
Property Management
10%
$794
CapEx
5%
$397
Vacancy
6%
$477
Maintenance
5%
$397
Other
0%
$0