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This property looks like a bad Long-Term investment with a projected -24.65% first-year return on $294k initial cash invested.
-24.65%
Cash On Cash
1.14%
Cap Rate
0.18
DSCR
$3,217
Rent
-$6,040
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,217 income − $9,257 expenses = $6,040 out of pocket
Investment Breakdown
|
Purchase Price
$1400k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$294k
Downpayment
20%
$280k
Closing costs
1%
$14,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,217
Total Expenses
$9,257
Mortgage P&I
224%
$7,204
Property Taxes
23%
$726
Home Insurance
15%
$490
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0