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This property looks like a bad Long-Term investment with a projected -23.37% first-year return on $340k initial cash invested.
-23.37%
Cash On Cash
1.26%
Cap Rate
0.21
DSCR
$3,591
Rent
-$6,625
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,591 income − $10,216 expenses = $6,625 out of pocket
Investment Breakdown
|
Purchase Price
$1620k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$340k
Downpayment
20%
$324k
Closing costs
1%
$16,197
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,591
Total Expenses
$10,216
Mortgage P&I
227%
$8,148
Property Taxes
13%
$462
Home Insurance
17%
$593
HOA
2%
$79
Property Management
10%
$359
CapEx
5%
$180
Vacancy
6%
$215
Maintenance
5%
$180
Other
0%
$0