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This property looks like a bad Long-Term investment with a projected -18.78% first-year return on $340k initial cash invested.
-18.78%
Cash On Cash
2.41%
Cap Rate
0.4
DSCR
$7,160
Rent
-$5,328
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,160 income − $12,488 expenses = $5,328 out of pocket
Investment Breakdown
|
Purchase Price
$1621k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$340k
Downpayment
20%
$324k
Closing costs
1%
$16,212
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,160
Total Expenses
$12,488
Mortgage P&I
115%
$8,232
Property Taxes
22%
$1,606
Home Insurance
11%
$788
HOA
0%
$0
Property Management
10%
$716
CapEx
5%
$358
Vacancy
6%
$430
Maintenance
5%
$358
Other
0%
$0