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This property looks like a bad Long-Term investment with a projected -28.8% first-year return on $312k initial cash invested.
-28.8%
Cash On Cash
0.11%
Cap Rate
0.02
DSCR
$3,482
Rent
-$7,497
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,482 income − $10,979 expenses = $7,497 out of pocket
Investment Breakdown
|
Purchase Price
$1487k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$312k
Downpayment
20%
$297k
Closing costs
1%
$14,873
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,482
Total Expenses
$10,979
Mortgage P&I
214%
$7,462
Property Taxes
57%
$1,974
Home Insurance
16%
$542
HOA
3%
$96
Property Management
10%
$348
CapEx
5%
$174
Vacancy
6%
$209
Maintenance
5%
$174
Other
0%
$0