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This property looks like a bad Long-Term investment with a projected -28.85% first-year return on $1218k initial cash invested.

-28.85%

Cash On Cash

-0.08%

Cap Rate

-0.01

DSCR

$2,850

Rent

-$29,281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,850 income − $32,131 expenses = $29,281 out of pocket

Income$2,850Out of Pocket$29,281Mortgage P&I$28,7721010%Property Taxes$58921%Insurance$2,03071%Management$28510%CapEx$1425%Vacancy$1716%Maintenance$1425%

Investment Breakdown

|

Purchase Price

$5800k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$1218k

Downpayment

20%

$1160k

Closing costs

1%

$58,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,850

Total Expenses

$32,131

Mortgage P&I

1010%

$28,772

Property Taxes

21%

$589

Home Insurance

71%

$2,030

HOA

0%

$0

Property Management

10%

$285

CapEx

5%

$142

Vacancy

6%

$171

Maintenance

5%

$142

Other

0%

$0

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