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This property looks like a bad Long-Term investment with a projected -26.02% first-year return on $509k initial cash invested.
-26.02%
Cash On Cash
1.41%
Cap Rate
0.21
DSCR
$7,671
Rent
-$11,028
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,671 income − $18,699 expenses = $11,028 out of pocket
Investment Breakdown
|
Purchase Price
$2422k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$509k
Downpayment
20%
$484k
Closing costs
1%
$24,221
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,671
Total Expenses
$18,699
Mortgage P&I
176%
$13,481
Property Taxes
31%
$2,350
Home Insurance
11%
$873
HOA
0%
$0
Property Management
10%
$767
CapEx
5%
$384
Vacancy
6%
$460
Maintenance
5%
$384
Other
0%
$0