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This property looks like a bad Long-Term investment with a projected -19.94% first-year return on $300k initial cash invested.
-19.94%
Cash On Cash
2.12%
Cap Rate
0.35
DSCR
$6,254
Rent
-$4,981
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,254 income − $11,235 expenses = $4,981 out of pocket
Investment Breakdown
|
Purchase Price
$1427k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$300k
Downpayment
20%
$285k
Closing costs
1%
$14,271
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,254
Total Expenses
$11,235
Mortgage P&I
115%
$7,188
Property Taxes
17%
$1,048
Home Insurance
8%
$523
HOA
14%
$850
Property Management
10%
$625
CapEx
5%
$313
Vacancy
6%
$375
Maintenance
5%
$313
Other
0%
$0