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This property looks like a bad Long-Term investment with a projected -21.49% first-year return on $409k initial cash invested.
-21.49%
Cash On Cash
1.75%
Cap Rate
0.29
DSCR
$6,055
Rent
-$7,318
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,055 income − $13,373 expenses = $7,318 out of pocket
Investment Breakdown
|
Purchase Price
$1946k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$409k
Downpayment
20%
$389k
Closing costs
1%
$19,458
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,055
Total Expenses
$13,373
Mortgage P&I
163%
$9,852
Property Taxes
21%
$1,251
Home Insurance
11%
$695
HOA
0%
$0
Property Management
10%
$606
CapEx
5%
$303
Vacancy
6%
$363
Maintenance
5%
$303
Other
0%
$0