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This property looks like a bad Long-Term investment with a projected -26.96% first-year return on $608k initial cash invested.
-26.96%
Cash On Cash
0.93%
Cap Rate
0.15
DSCR
$7,910
Rent
-$13,668
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,910 income − $21,578 expenses = $13,668 out of pocket
Investment Breakdown
|
Purchase Price
$2897k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$608k
Downpayment
20%
$579k
Closing costs
1%
$28,970
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,910
Total Expenses
$21,578
Mortgage P&I
196%
$15,527
Property Taxes
37%
$2,945
Home Insurance
13%
$1,048
HOA
0%
$0
Property Management
10%
$791
CapEx
5%
$396
Vacancy
6%
$475
Maintenance
5%
$396
Other
0%
$0