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This property looks like a bad Long-Term investment with a projected -24.64% first-year return on $420k initial cash invested.
-24.64%
Cash On Cash
0.99%
Cap Rate
0.16
DSCR
$3,338
Rent
-$8,623
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,338 income − $11,961 expenses = $8,623 out of pocket
Investment Breakdown
|
Purchase Price
$2000k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$420k
Downpayment
20%
$400k
Closing costs
1%
$20,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,338
Total Expenses
$11,961
Mortgage P&I
303%
$10,113
Property Taxes
3%
$110
Home Insurance
21%
$700
HOA
5%
$170
Property Management
10%
$334
CapEx
5%
$167
Vacancy
6%
$200
Maintenance
5%
$167
Other
0%
$0