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This property looks like a bad Long-Term investment with a projected -15.54% first-year return on $297k initial cash invested.
-15.54%
Cash On Cash
3.1%
Cap Rate
0.51
DSCR
$7,977
Rent
-$3,851
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,977 income − $11,828 expenses = $3,851 out of pocket
Investment Breakdown
|
Purchase Price
$1416k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$297k
Downpayment
20%
$283k
Closing costs
1%
$14,161
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,977
Total Expenses
$11,828
Mortgage P&I
89%
$7,114
Property Taxes
27%
$2,151
Home Insurance
6%
$488
HOA
0%
$0
Property Management
10%
$798
CapEx
5%
$399
Vacancy
6%
$479
Maintenance
5%
$399
Other
0%
$0