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This property looks like a bad Long-Term investment with a projected -23.48% first-year return on $480k initial cash invested.
-23.48%
Cash On Cash
1.58%
Cap Rate
0.25
DSCR
$7,620
Rent
-$9,388
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,620 income − $17,008 expenses = $9,388 out of pocket
Investment Breakdown
|
Purchase Price
$2285k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$480k
Downpayment
20%
$457k
Closing costs
1%
$22,848
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,620
Total Expenses
$17,008
Mortgage P&I
158%
$12,008
Property Taxes
27%
$2,047
Home Insurance
11%
$822
HOA
2%
$150
Property Management
10%
$762
CapEx
5%
$381
Vacancy
6%
$457
Maintenance
5%
$381
Other
0%
$0