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This property looks like a bad Long-Term investment with a projected -24.74% first-year return on $471k initial cash invested.
-24.74%
Cash On Cash
1.06%
Cap Rate
0.17
DSCR
$5,736
Rent
-$9,714
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,736 income − $15,450 expenses = $9,714 out of pocket
Investment Breakdown
|
Purchase Price
$2243k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$471k
Downpayment
20%
$449k
Closing costs
1%
$22,434
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,736
Total Expenses
$15,450
Mortgage P&I
199%
$11,403
Property Taxes
28%
$1,612
Home Insurance
16%
$943
HOA
0%
$0
Property Management
10%
$574
CapEx
5%
$287
Vacancy
6%
$344
Maintenance
5%
$287
Other
0%
$0