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This property looks like a bad Long-Term investment with a projected -28.81% first-year return on $504k initial cash invested.
-28.81%
Cash On Cash
0.7%
Cap Rate
0.1
DSCR
$3,109
Rent
-$12,102
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,109 income − $15,211 expenses = $12,102 out of pocket
Investment Breakdown
|
Purchase Price
$2400k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$504k
Downpayment
20%
$480k
Closing costs
1%
$24,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,109
Total Expenses
$15,211
Mortgage P&I
429%
$13,344
Property Taxes
7%
$219
Home Insurance
27%
$840
HOA
0%
$0
Property Management
10%
$311
CapEx
5%
$155
Vacancy
6%
$187
Maintenance
5%
$155
Other
0%
$0