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This property looks like a bad Long-Term investment with a projected -27.41% first-year return on $597k initial cash invested.
-27.41%
Cash On Cash
0.42%
Cap Rate
0.07
DSCR
$7,152
Rent
-$13,629
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,152 income − $20,781 expenses = $13,629 out of pocket
Investment Breakdown
|
Purchase Price
$2842k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$597k
Downpayment
20%
$568k
Closing costs
1%
$28,417
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,152
Total Expenses
$20,781
Mortgage P&I
199%
$14,257
Property Taxes
41%
$2,925
Home Insurance
15%
$1,050
HOA
10%
$689
Property Management
10%
$715
CapEx
5%
$358
Vacancy
6%
$429
Maintenance
5%
$358
Other
0%
$0