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This property looks like a bad Long-Term investment with a projected -28.62% first-year return on $672k initial cash invested.
-28.62%
Cash On Cash
0.29%
Cap Rate
0.05
DSCR
$3,417
Rent
-$16,030
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,417 income − $19,447 expenses = $16,030 out of pocket
Investment Breakdown
|
Purchase Price
$3200k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$672k
Downpayment
20%
$640k
Closing costs
1%
$32,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,417
Total Expenses
$19,447
Mortgage P&I
487%
$16,628
Property Taxes
24%
$810
Home Insurance
33%
$1,120
HOA
0%
$0
Property Management
10%
$342
CapEx
5%
$171
Vacancy
6%
$205
Maintenance
5%
$171
Other
0%
$0