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This property looks like a bad Long-Term investment with a projected -24.61% first-year return on $630k initial cash invested.
-24.61%
Cash On Cash
1.26%
Cap Rate
0.2
DSCR
$6,121
Rent
-$12,913
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,121 income − $19,034 expenses = $12,913 out of pocket
Investment Breakdown
|
Purchase Price
$2998k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$630k
Downpayment
20%
$600k
Closing costs
1%
$29,979
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,121
Total Expenses
$19,034
Mortgage P&I
257%
$15,755
Property Taxes
9%
$568
Home Insurance
18%
$1,120
HOA
0%
$0
Property Management
10%
$612
CapEx
5%
$306
Vacancy
6%
$367
Maintenance
5%
$306
Other
0%
$0