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This property looks like a bad Long-Term investment with a projected -17.43% first-year return on $408k initial cash invested.
-17.43%
Cash On Cash
3.33%
Cap Rate
0.5
DSCR
$10,164
Rent
-$5,930
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,164 income − $16,094 expenses = $5,930 out of pocket
Investment Breakdown
|
Purchase Price
$1944k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$408k
Downpayment
20%
$389k
Closing costs
1%
$19,443
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$10,164
Total Expenses
$16,094
Mortgage P&I
106%
$10,810
Property Taxes
12%
$1,181
Home Insurance
7%
$732
HOA
7%
$729
Property Management
10%
$1,016
CapEx
5%
$508
Vacancy
6%
$610
Maintenance
5%
$508
Other
0%
$0