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This property looks like a bad Long-Term investment with a projected -23.84% first-year return on $515k initial cash invested.
-23.84%
Cash On Cash
1.26%
Cap Rate
0.21
DSCR
$6,481
Rent
-$10,223
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,481 income − $16,704 expenses = $10,223 out of pocket
Investment Breakdown
|
Purchase Price
$2450k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$515k
Downpayment
20%
$490k
Closing costs
1%
$24,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,481
Total Expenses
$16,704
Mortgage P&I
192%
$12,469
Property Taxes
26%
$1,692
Home Insurance
13%
$858
HOA
0%
$0
Property Management
10%
$648
CapEx
5%
$324
Vacancy
6%
$389
Maintenance
5%
$324
Other
0%
$0