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This property looks like a bad Long-Term investment with a projected -27.43% first-year return on $408k initial cash invested.
-27.43%
Cash On Cash
1.04%
Cap Rate
0.16
DSCR
$3,980
Rent
-$9,329
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,980 income − $13,309 expenses = $9,329 out of pocket
Investment Breakdown
|
Purchase Price
$1943k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$408k
Downpayment
20%
$389k
Closing costs
1%
$19,432
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,980
Total Expenses
$13,309
Mortgage P&I
272%
$10,814
Property Taxes
18%
$730
Home Insurance
18%
$700
HOA
1%
$30
Property Management
10%
$398
CapEx
5%
$199
Vacancy
6%
$239
Maintenance
5%
$199
Other
0%
$0