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This property looks like a bad Long-Term investment with a projected -24.04% first-year return on $482k initial cash invested.
-24.04%
Cash On Cash
1.19%
Cap Rate
0.2
DSCR
$6,914
Rent
-$9,649
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,914 income − $16,563 expenses = $9,649 out of pocket
Investment Breakdown
|
Purchase Price
$2294k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$482k
Downpayment
20%
$459k
Closing costs
1%
$22,940
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,914
Total Expenses
$16,563
Mortgage P&I
167%
$11,572
Property Taxes
32%
$2,235
Home Insurance
12%
$838
HOA
2%
$120
Property Management
10%
$691
CapEx
5%
$346
Vacancy
6%
$415
Maintenance
5%
$346
Other
0%
$0