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This property looks like a bad Long-Term investment with a projected -24.87% first-year return on $340k initial cash invested.
-24.87%
Cash On Cash
0.96%
Cap Rate
0.16
DSCR
$3,340
Rent
-$7,054
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,340 income − $10,394 expenses = $7,054 out of pocket
Investment Breakdown
|
Purchase Price
$1621k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$340k
Downpayment
20%
$324k
Closing costs
1%
$16,208
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,340
Total Expenses
$10,394
Mortgage P&I
245%
$8,185
Property Taxes
20%
$683
Home Insurance
18%
$595
HOA
2%
$63
Property Management
10%
$334
CapEx
5%
$167
Vacancy
6%
$200
Maintenance
5%
$167
Other
0%
$0