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This property looks like a bad Long-Term investment with a projected -23.86% first-year return on $315k initial cash invested.
-23.86%
Cash On Cash
1.49%
Cap Rate
0.24
DSCR
$4,060
Rent
-$6,260
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,060 income − $10,320 expenses = $6,260 out of pocket
Investment Breakdown
|
Purchase Price
$1499k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$315k
Downpayment
20%
$300k
Closing costs
1%
$14,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,060
Total Expenses
$10,320
Mortgage P&I
195%
$7,918
Property Taxes
20%
$821
Home Insurance
13%
$525
HOA
0%
$0
Property Management
10%
$406
CapEx
5%
$203
Vacancy
6%
$244
Maintenance
5%
$203
Other
0%
$0