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This property looks like a bad Long-Term investment with a projected -24.73% first-year return on $331k initial cash invested.
-24.73%
Cash On Cash
1.01%
Cap Rate
0.17
DSCR
$3,502
Rent
-$6,812
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,502 income − $10,314 expenses = $6,812 out of pocket
Investment Breakdown
|
Purchase Price
$1574k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$331k
Downpayment
20%
$315k
Closing costs
1%
$15,739
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,502
Total Expenses
$10,314
Mortgage P&I
227%
$7,965
Property Taxes
25%
$861
Home Insurance
17%
$578
HOA
0%
$0
Property Management
10%
$350
CapEx
5%
$175
Vacancy
6%
$210
Maintenance
5%
$175
Other
0%
$0