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This property looks like a bad Long-Term investment with a projected -14.63% first-year return on $304k initial cash invested.
-14.63%
Cash On Cash
3.23%
Cap Rate
0.54
DSCR
$6,663
Rent
-$3,703
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,663 income − $10,366 expenses = $3,703 out of pocket
Investment Breakdown
|
Purchase Price
$1447k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$304k
Downpayment
20%
$289k
Closing costs
1%
$14,466
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,663
Total Expenses
$10,366
Mortgage P&I
109%
$7,259
Property Taxes
13%
$833
Home Insurance
8%
$542
HOA
0%
$0
Property Management
10%
$666
CapEx
5%
$333
Vacancy
6%
$400
Maintenance
5%
$333
Other
0%
$0