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This property looks like a bad Long-Term investment with a projected -20.63% first-year return on $423k initial cash invested.
-20.63%
Cash On Cash
1.98%
Cap Rate
0.32
DSCR
$7,074
Rent
-$7,270
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,074 income − $14,344 expenses = $7,270 out of pocket
Investment Breakdown
|
Purchase Price
$2014k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$423k
Downpayment
20%
$403k
Closing costs
1%
$20,140
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,074
Total Expenses
$14,344
Mortgage P&I
145%
$10,234
Property Taxes
19%
$1,336
Home Insurance
10%
$735
HOA
3%
$200
Property Management
10%
$707
CapEx
5%
$354
Vacancy
6%
$424
Maintenance
5%
$354
Other
0%
$0