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This property looks like a bad Long-Term investment with a projected -22.84% first-year return on $336k initial cash invested.
-22.84%
Cash On Cash
1.39%
Cap Rate
0.23
DSCR
$3,224
Rent
-$6,388
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,224 income − $9,612 expenses = $6,388 out of pocket
Investment Breakdown
|
Purchase Price
$1598k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$336k
Downpayment
20%
$320k
Closing costs
1%
$15,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,224
Total Expenses
$9,612
Mortgage P&I
250%
$8,074
Property Taxes
4%
$142
Home Insurance
17%
$559
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0