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This property looks like a bad Long-Term investment with a projected -24.23% first-year return on $600k initial cash invested.
-24.23%
Cash On Cash
1.2%
Cap Rate
0.2
DSCR
$7,638
Rent
-$12,113
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,638 income − $19,751 expenses = $12,113 out of pocket
Investment Breakdown
|
Purchase Price
$2856k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$600k
Downpayment
20%
$571k
Closing costs
1%
$28,562
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,638
Total Expenses
$19,751
Mortgage P&I
191%
$14,584
Property Taxes
26%
$1,958
Home Insurance
16%
$1,223
HOA
0%
$0
Property Management
10%
$764
CapEx
5%
$382
Vacancy
6%
$458
Maintenance
5%
$382
Other
0%
$0