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This property looks like a bad Long-Term investment with a projected -28.41% first-year return on $313k initial cash invested.
-28.41%
Cash On Cash
0.85%
Cap Rate
0.13
DSCR
$2,072
Rent
-$7,407
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,072 income − $9,479 expenses = $7,407 out of pocket
Investment Breakdown
|
Purchase Price
$1490k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$313k
Downpayment
20%
$298k
Closing costs
1%
$14,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,072
Total Expenses
$9,479
Mortgage P&I
403%
$8,360
Property Taxes
3%
$58
Home Insurance
25%
$522
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0