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This property looks like a bad Long-Term investment with a projected -28.91% first-year return on $347k initial cash invested.
-28.91%
Cash On Cash
0.58%
Cap Rate
0.09
DSCR
$3,624
Rent
-$8,350
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,624 income − $11,974 expenses = $8,350 out of pocket
Investment Breakdown
|
Purchase Price
$1651k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$347k
Downpayment
20%
$330k
Closing costs
1%
$16,506
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,624
Total Expenses
$11,974
Mortgage P&I
247%
$8,967
Property Taxes
42%
$1,524
Home Insurance
15%
$542
HOA
0%
$0
Property Management
10%
$362
CapEx
5%
$181
Vacancy
6%
$217
Maintenance
5%
$181
Other
0%
$0