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This property looks like a bad Long-Term investment with a projected -24.37% first-year return on $296k initial cash invested.
-24.37%
Cash On Cash
1.33%
Cap Rate
0.21
DSCR
$3,794
Rent
-$6,004
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,794 income − $9,798 expenses = $6,004 out of pocket
Investment Breakdown
|
Purchase Price
$1408k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$296k
Downpayment
20%
$282k
Closing costs
1%
$14,079
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,794
Total Expenses
$9,798
Mortgage P&I
195%
$7,380
Property Taxes
17%
$661
Home Insurance
14%
$523
HOA
7%
$247
Property Management
10%
$379
CapEx
5%
$190
Vacancy
6%
$228
Maintenance
5%
$190
Other
0%
$0