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This property looks like a bad Long-Term investment with a projected -24.46% first-year return on $360k initial cash invested.
-24.46%
Cash On Cash
1.1%
Cap Rate
0.18
DSCR
$3,754
Rent
-$7,329
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,754 income − $11,083 expenses = $7,329 out of pocket
Investment Breakdown
|
Purchase Price
$1712k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$360k
Downpayment
20%
$342k
Closing costs
1%
$17,120
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,754
Total Expenses
$11,083
Mortgage P&I
232%
$8,713
Property Taxes
20%
$764
Home Insurance
17%
$630
HOA
0%
$0
Property Management
10%
$375
CapEx
5%
$188
Vacancy
6%
$225
Maintenance
5%
$188
Other
0%
$0