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This property looks like a bad Long-Term investment with a projected -20.97% first-year return on $420k initial cash invested.
-20.97%
Cash On Cash
1.89%
Cap Rate
0.31
DSCR
$5,357
Rent
-$7,332
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,357 income − $12,689 expenses = $7,332 out of pocket
Investment Breakdown
|
Purchase Price
$1998k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$420k
Downpayment
20%
$400k
Closing costs
1%
$19,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,357
Total Expenses
$12,689
Mortgage P&I
191%
$10,217
Property Taxes
7%
$380
Home Insurance
13%
$699
HOA
0%
$0
Property Management
10%
$536
CapEx
5%
$268
Vacancy
6%
$321
Maintenance
5%
$268
Other
0%
$0