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This property looks like a bad Long-Term investment with a projected -13.48% first-year return on $348k initial cash invested.
-13.48%
Cash On Cash
3.35%
Cap Rate
0.56
DSCR
$6,800
Rent
-$3,909
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,800 income − $10,709 expenses = $3,909 out of pocket
Investment Breakdown
|
Purchase Price
$1657k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$348k
Downpayment
20%
$331k
Closing costs
1%
$16,573
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,800
Total Expenses
$10,709
Mortgage P&I
121%
$8,197
Property Taxes
2%
$149
Home Insurance
9%
$595
HOA
0%
$0
Property Management
10%
$680
CapEx
5%
$340
Vacancy
6%
$408
Maintenance
5%
$340
Other
0%
$0