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This property looks like a bad Long-Term investment with a projected -23.19% first-year return on $450k initial cash invested.
-23.19%
Cash On Cash
1.37%
Cap Rate
0.23
DSCR
$7,867
Rent
-$8,702
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,867 income − $16,569 expenses = $8,702 out of pocket
Investment Breakdown
|
Purchase Price
$2144k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$450k
Downpayment
20%
$429k
Closing costs
1%
$21,444
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,867
Total Expenses
$16,569
Mortgage P&I
137%
$10,750
Property Taxes
39%
$3,076
Home Insurance
9%
$698
HOA
0%
$0
Property Management
10%
$787
CapEx
5%
$393
Vacancy
6%
$472
Maintenance
5%
$393
Other
0%
$0