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This property looks like a bad Long-Term investment with a projected -19.06% first-year return on $425k initial cash invested.
-19.06%
Cash On Cash
2.26%
Cap Rate
0.37
DSCR
$6,597
Rent
-$6,746
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,597 income − $13,343 expenses = $6,746 out of pocket
Investment Breakdown
|
Purchase Price
$2023k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$425k
Downpayment
20%
$405k
Closing costs
1%
$20,229
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,597
Total Expenses
$13,343
Mortgage P&I
155%
$10,229
Property Taxes
10%
$630
Home Insurance
12%
$768
HOA
0%
$0
Property Management
10%
$660
CapEx
5%
$330
Vacancy
6%
$396
Maintenance
5%
$330
Other
0%
$0