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This property looks like a bad Long-Term investment with a projected -28.85% first-year return on $693k initial cash invested.
-28.85%
Cash On Cash
0.18%
Cap Rate
0.03
DSCR
$6,072
Rent
-$16,658
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,072 income − $22,730 expenses = $16,658 out of pocket
Investment Breakdown
|
Purchase Price
$3300k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$693k
Downpayment
20%
$660k
Closing costs
1%
$33,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,072
Total Expenses
$22,730
Mortgage P&I
278%
$16,861
Property Taxes
52%
$3,135
Home Insurance
19%
$1,155
HOA
0%
$0
Property Management
10%
$607
CapEx
5%
$304
Vacancy
6%
$364
Maintenance
5%
$304
Other
0%
$0