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This property looks like a bad Long-Term investment with a projected -19.21% first-year return on $420k initial cash invested.
-19.21%
Cash On Cash
2.13%
Cap Rate
0.36
DSCR
$6,345
Rent
-$6,718
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,345 income − $13,063 expenses = $6,718 out of pocket
Investment Breakdown
|
Purchase Price
$1998k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$420k
Downpayment
20%
$400k
Closing costs
1%
$19,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,345
Total Expenses
$13,063
Mortgage P&I
157%
$9,955
Property Taxes
9%
$592
Home Insurance
11%
$699
HOA
3%
$168
Property Management
10%
$634
CapEx
5%
$317
Vacancy
6%
$381
Maintenance
5%
$317
Other
0%
$0