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This property looks like a bad Long-Term investment with a projected -24.07% first-year return on $460k initial cash invested.
-24.07%
Cash On Cash
1.17%
Cap Rate
0.2
DSCR
$8,159
Rent
-$9,221
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,159 income − $17,380 expenses = $9,221 out of pocket
Investment Breakdown
|
Purchase Price
$2189k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$460k
Downpayment
20%
$438k
Closing costs
1%
$21,892
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$8,159
Total Expenses
$17,380
Mortgage P&I
134%
$10,955
Property Taxes
43%
$3,507
Home Insurance
10%
$796
HOA
0%
$0
Property Management
10%
$816
CapEx
5%
$408
Vacancy
6%
$490
Maintenance
5%
$408
Other
0%
$0