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This property looks like a bad Long-Term investment with a projected -24.5% first-year return on $294k initial cash invested.
-24.5%
Cash On Cash
1.1%
Cap Rate
0.18
DSCR
$4,044
Rent
-$5,993
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,044 income − $10,037 expenses = $5,993 out of pocket
Investment Breakdown
|
Purchase Price
$1398k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$294k
Downpayment
20%
$280k
Closing costs
1%
$13,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,044
Total Expenses
$10,037
Mortgage P&I
175%
$7,076
Property Taxes
35%
$1,421
Home Insurance
12%
$489
HOA
0%
$0
Property Management
10%
$404
CapEx
5%
$202
Vacancy
6%
$243
Maintenance
5%
$202
Other
0%
$0