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This property looks like a bad Long-Term investment with a projected -27.75% first-year return on $316k initial cash invested.
-27.75%
Cash On Cash
0.61%
Cap Rate
0.1
DSCR
$2,420
Rent
-$7,301
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,420 income − $9,721 expenses = $7,301 out of pocket
Investment Breakdown
|
Purchase Price
$1504k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$316k
Downpayment
20%
$301k
Closing costs
1%
$15,036
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,420
Total Expenses
$9,721
Mortgage P&I
328%
$7,944
Property Taxes
24%
$590
Home Insurance
23%
$558
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0