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This property looks like a bad Long-Term investment with a projected -19.52% first-year return on $409k initial cash invested.
-19.52%
Cash On Cash
2.24%
Cap Rate
0.37
DSCR
$7,970
Rent
-$6,652
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,970 income − $14,622 expenses = $6,652 out of pocket
Investment Breakdown
|
Purchase Price
$1948k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$409k
Downpayment
20%
$390k
Closing costs
1%
$19,476
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,970
Total Expenses
$14,622
Mortgage P&I
124%
$9,891
Property Taxes
25%
$1,962
Home Insurance
9%
$698
HOA
0%
$0
Property Management
10%
$797
CapEx
5%
$398
Vacancy
6%
$478
Maintenance
5%
$398
Other
0%
$0