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This property looks like a bad Long-Term investment with a projected -24.93% first-year return on $420k initial cash invested.
-24.93%
Cash On Cash
1.56%
Cap Rate
0.24
DSCR
$6,148
Rent
-$8,724
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,148 income − $14,872 expenses = $8,724 out of pocket
Investment Breakdown
|
Purchase Price
$2000k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$420k
Downpayment
20%
$400k
Closing costs
1%
$20,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,148
Total Expenses
$14,872
Mortgage P&I
179%
$11,017
Property Taxes
25%
$1,549
Home Insurance
11%
$700
HOA
0%
$8
Property Management
10%
$615
CapEx
5%
$307
Vacancy
6%
$369
Maintenance
5%
$307
Other
0%
$0