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This property looks like a bad Long-Term investment with a projected -23.83% first-year return on $669k initial cash invested.
-23.83%
Cash On Cash
1.2%
Cap Rate
0.2
DSCR
$6,988
Rent
-$13,282
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,988 income − $20,270 expenses = $13,282 out of pocket
Investment Breakdown
|
Purchase Price
$3185k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$669k
Downpayment
20%
$637k
Closing costs
1%
$31,852
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,988
Total Expenses
$20,270
Mortgage P&I
231%
$16,128
Property Taxes
18%
$1,278
Home Insurance
15%
$1,048
HOA
0%
$0
Property Management
10%
$699
CapEx
5%
$349
Vacancy
6%
$419
Maintenance
5%
$349
Other
0%
$0