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This property looks like a bad Long-Term investment with a projected -23.83% first-year return on $602k initial cash invested.
-23.83%
Cash On Cash
1.3%
Cap Rate
0.21
DSCR
$5,772
Rent
-$11,951
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,772 income − $17,723 expenses = $11,951 out of pocket
Investment Breakdown
|
Purchase Price
$2865k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$602k
Downpayment
20%
$573k
Closing costs
1%
$28,654
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,772
Total Expenses
$17,723
Mortgage P&I
256%
$14,766
Property Taxes
7%
$385
Home Insurance
19%
$1,071
HOA
0%
$0
Property Management
10%
$577
CapEx
5%
$289
Vacancy
6%
$346
Maintenance
5%
$289
Other
0%
$0