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This property looks like a bad Long-Term investment with a projected -24.53% first-year return on $465k initial cash invested.
-24.53%
Cash On Cash
1.12%
Cap Rate
0.18
DSCR
$6,412
Rent
-$9,498
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,412 income − $15,910 expenses = $9,498 out of pocket
Investment Breakdown
|
Purchase Price
$2213k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$465k
Downpayment
20%
$443k
Closing costs
1%
$22,125
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,412
Total Expenses
$15,910
Mortgage P&I
175%
$11,246
Property Taxes
26%
$1,644
Home Insurance
13%
$803
HOA
9%
$549
Property Management
10%
$641
CapEx
5%
$321
Vacancy
6%
$385
Maintenance
5%
$321
Other
0%
$0