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This property looks like a bad Long-Term investment with a projected -21.37% first-year return on $609k initial cash invested.
-21.37%
Cash On Cash
1.55%
Cap Rate
0.26
DSCR
$6,323
Rent
-$10,838
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$2898k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$609k
Downpayment
20%
$580k
Closing costs
1%
$28,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,323
Total Expenses
$17,161
Mortgage P&I
226%
$14,273
Property Taxes
4%
$231
Home Insurance
16%
$1,014
HOA
0%
$0
Property Management
10%
$632
CapEx
5%
$316
Vacancy
6%
$379
Maintenance
5%
$316
Other
0%
$0