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This property looks like a bad Long-Term investment with a projected -24.66% first-year return on $348k initial cash invested.
-24.66%
Cash On Cash
1.03%
Cap Rate
0.17
DSCR
$3,280
Rent
-$7,148
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,280 income − $10,428 expenses = $7,148 out of pocket
Investment Breakdown
|
Purchase Price
$1656k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$348k
Downpayment
20%
$331k
Closing costs
1%
$16,561
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,280
Total Expenses
$10,428
Mortgage P&I
256%
$8,407
Property Taxes
17%
$556
Home Insurance
19%
$612
HOA
0%
$0
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0