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This property looks like a bad Long-Term investment with a projected -24.39% first-year return on $423k initial cash invested.
-24.39%
Cash On Cash
1.49%
Cap Rate
0.23
DSCR
$5,706
Rent
-$8,587
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,706 income − $14,293 expenses = $8,587 out of pocket
Investment Breakdown
|
Purchase Price
$2012k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$423k
Downpayment
20%
$402k
Closing costs
1%
$20,120
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,706
Total Expenses
$14,293
Mortgage P&I
189%
$10,804
Property Taxes
22%
$1,271
Home Insurance
13%
$735
HOA
0%
$0
Property Management
10%
$571
CapEx
5%
$285
Vacancy
6%
$342
Maintenance
5%
$285
Other
0%
$0