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This property looks like a bad Long-Term investment with a projected -20.04% first-year return on $585k initial cash invested.
-20.04%
Cash On Cash
1.99%
Cap Rate
0.33
DSCR
$7,768
Rent
-$9,777
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,768 income − $17,545 expenses = $9,777 out of pocket
Investment Breakdown
|
Purchase Price
$2788k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$585k
Downpayment
20%
$558k
Closing costs
1%
$27,880
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,768
Total Expenses
$17,545
Mortgage P&I
180%
$14,010
Property Taxes
7%
$540
Home Insurance
13%
$976
HOA
0%
$0
Property Management
10%
$777
CapEx
5%
$388
Vacancy
6%
$466
Maintenance
5%
$388
Other
0%
$0