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This property looks like a bad Long-Term investment with a projected -16.55% first-year return on $407k initial cash invested.
-16.55%
Cash On Cash
3%
Cap Rate
0.48
DSCR
$7,325
Rent
-$5,617
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,325 income − $12,942 expenses = $5,617 out of pocket
Investment Breakdown
|
Purchase Price
$1940k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$407k
Downpayment
20%
$388k
Closing costs
1%
$19,396
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,325
Total Expenses
$12,942
Mortgage P&I
138%
$10,096
Property Taxes
3%
$242
Home Insurance
10%
$700
HOA
0%
$0
Property Management
10%
$732
CapEx
5%
$366
Vacancy
6%
$440
Maintenance
5%
$366
Other
0%
$0