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This property looks like a bad Long-Term investment with a projected -23.72% first-year return on $504k initial cash invested.
-23.72%
Cash On Cash
1.15%
Cap Rate
0.19
DSCR
$4,919
Rent
-$9,963
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,919 income − $14,882 expenses = $9,963 out of pocket
Investment Breakdown
|
Purchase Price
$2400k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$504k
Downpayment
20%
$480k
Closing costs
1%
$24,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,919
Total Expenses
$14,882
Mortgage P&I
244%
$12,010
Property Taxes
15%
$715
Home Insurance
17%
$840
HOA
1%
$38
Property Management
10%
$492
CapEx
5%
$246
Vacancy
6%
$295
Maintenance
5%
$246
Other
0%
$0