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This property looks like a bad Long-Term investment with a projected -22.49% first-year return on $466k initial cash invested.
-22.49%
Cash On Cash
1.42%
Cap Rate
0.24
DSCR
$4,554
Rent
-$8,736
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,554 income − $13,290 expenses = $8,736 out of pocket
Investment Breakdown
|
Purchase Price
$2220k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$466k
Downpayment
20%
$444k
Closing costs
1%
$22,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,554
Total Expenses
$13,290
Mortgage P&I
244%
$11,129
Property Taxes
4%
$200
Home Insurance
17%
$777
HOA
0%
$0
Property Management
10%
$455
CapEx
5%
$228
Vacancy
6%
$273
Maintenance
5%
$228
Other
0%
$0