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This property looks like a bad Long-Term investment with a projected -23.96% first-year return on $300k initial cash invested.
-23.96%
Cash On Cash
1.11%
Cap Rate
0.18
DSCR
$3,277
Rent
-$5,990
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,277 income − $9,267 expenses = $5,990 out of pocket
Investment Breakdown
|
Purchase Price
$1429k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$300k
Downpayment
20%
$286k
Closing costs
1%
$14,285
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,277
Total Expenses
$9,267
Mortgage P&I
218%
$7,145
Property Taxes
23%
$744
Home Insurance
16%
$525
HOA
0%
$0
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0