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This property looks like a bad Long-Term investment with a projected -22.07% first-year return on $491k initial cash invested.
-22.07%
Cash On Cash
1.63%
Cap Rate
0.27
DSCR
$6,572
Rent
-$9,037
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,572 income − $15,609 expenses = $9,037 out of pocket
Investment Breakdown
|
Purchase Price
$2340k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$491k
Downpayment
20%
$468k
Closing costs
1%
$23,402
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,572
Total Expenses
$15,609
Mortgage P&I
181%
$11,889
Property Taxes
21%
$1,364
Home Insurance
10%
$647
HOA
0%
$0
Property Management
10%
$657
CapEx
5%
$329
Vacancy
6%
$394
Maintenance
5%
$329
Other
0%
$0