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This property looks like a bad Long-Term investment with a projected -28.22% first-year return on $462k initial cash invested.
-28.22%
Cash On Cash
0.39%
Cap Rate
0.06
DSCR
$3,278
Rent
-$10,866
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,278 income − $14,144 expenses = $10,866 out of pocket
Investment Breakdown
|
Purchase Price
$2200k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$462k
Downpayment
20%
$440k
Closing costs
1%
$22,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,278
Total Expenses
$14,144
Mortgage P&I
348%
$11,413
Property Taxes
28%
$928
Home Insurance
23%
$770
HOA
5%
$180
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0