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This property looks like a bad Long-Term investment with a projected -26.32% first-year return on $297k initial cash invested.
-26.32%
Cash On Cash
0.84%
Cap Rate
0.13
DSCR
$2,629
Rent
-$6,520
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,629 income − $9,149 expenses = $6,520 out of pocket
Investment Breakdown
|
Purchase Price
$1416k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$297k
Downpayment
20%
$283k
Closing costs
1%
$14,158
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,629
Total Expenses
$9,149
Mortgage P&I
281%
$7,385
Property Taxes
21%
$556
Home Insurance
20%
$525
HOA
0%
$0
Property Management
10%
$263
CapEx
5%
$131
Vacancy
6%
$158
Maintenance
5%
$131
Other
0%
$0