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This property looks like a bad Long-Term investment with a projected -17.52% first-year return on $420k initial cash invested.
-17.52%
Cash On Cash
2.8%
Cap Rate
0.45
DSCR
$6,965
Rent
-$6,131
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,965 income − $13,096 expenses = $6,131 out of pocket
Investment Breakdown
|
Purchase Price
$2000k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$420k
Downpayment
20%
$400k
Closing costs
1%
$20,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,965
Total Expenses
$13,096
Mortgage P&I
150%
$10,444
Property Taxes
2%
$142
Home Insurance
10%
$700
HOA
0%
$0
Property Management
10%
$696
CapEx
5%
$348
Vacancy
6%
$418
Maintenance
5%
$348
Other
0%
$0