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This property looks like a bad Long-Term investment with a projected -20.63% first-year return on $304k initial cash invested.
-20.63%
Cash On Cash
2.21%
Cap Rate
0.35
DSCR
$5,829
Rent
-$5,231
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,829 income − $11,060 expenses = $5,231 out of pocket
Investment Breakdown
|
Purchase Price
$1449k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$304k
Downpayment
20%
$290k
Closing costs
1%
$14,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,829
Total Expenses
$11,060
Mortgage P&I
131%
$7,613
Property Taxes
24%
$1,425
Home Insurance
9%
$507
HOA
0%
$0
Property Management
10%
$583
CapEx
5%
$291
Vacancy
6%
$350
Maintenance
5%
$291
Other
0%
$0