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This property looks like a bad Long-Term investment with a projected -23.08% first-year return on $389k initial cash invested.
-23.08%
Cash On Cash
1.58%
Cap Rate
0.26
DSCR
$7,520
Rent
-$7,473
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,520 income − $14,993 expenses = $7,473 out of pocket
Investment Breakdown
|
Purchase Price
$1850k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$389k
Downpayment
20%
$370k
Closing costs
1%
$18,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,520
Total Expenses
$14,993
Mortgage P&I
127%
$9,538
Property Taxes
38%
$2,852
Home Insurance
9%
$648
HOA
0%
$0
Property Management
10%
$752
CapEx
5%
$376
Vacancy
6%
$451
Maintenance
5%
$376
Other
0%
$0