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This property looks like a bad Long-Term investment with a projected -21.6% first-year return on $6300k initial cash invested.
-21.6%
Cash On Cash
1.57%
Cap Rate
0.26
DSCR
$93,155
Rent
-$113,391
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$93,155 income − $206,546 expenses = $113,391 out of pocket
Investment Breakdown
|
Purchase Price
$30000k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$6300k
Downpayment
20%
$6000k
Closing costs
1%
$300k
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$93,155
Total Expenses
$207k
Mortgage P&I
159%
$148k
Property Taxes
26%
$23,912
Home Insurance
11%
$10,500
HOA
0%
$0
Property Management
10%
$9,316
CapEx
5%
$4,658
Vacancy
6%
$5,589
Maintenance
5%
$4,658
Other
0%
$0