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This property looks like a bad Long-Term investment with a projected -23.56% first-year return on $508k initial cash invested.
-23.56%
Cash On Cash
1.19%
Cap Rate
0.2
DSCR
$4,989
Rent
-$9,977
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,989 income − $14,966 expenses = $9,977 out of pocket
Investment Breakdown
|
Purchase Price
$2420k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$508k
Downpayment
20%
$484k
Closing costs
1%
$24,198
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,989
Total Expenses
$14,966
Mortgage P&I
243%
$12,130
Property Taxes
13%
$632
Home Insurance
18%
$908
HOA
0%
$0
Property Management
10%
$499
CapEx
5%
$249
Vacancy
6%
$299
Maintenance
5%
$249
Other
0%
$0