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This property looks like a bad Long-Term investment with a projected -24.38% first-year return on $420k initial cash invested.
-24.38%
Cash On Cash
1.1%
Cap Rate
0.18
DSCR
$7,198
Rent
-$8,529
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,198 income − $15,727 expenses = $8,529 out of pocket
Investment Breakdown
|
Purchase Price
$1999k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$420k
Downpayment
20%
$400k
Closing costs
1%
$19,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,198
Total Expenses
$15,727
Mortgage P&I
139%
$9,999
Property Taxes
14%
$1,008
Home Insurance
10%
$700
HOA
30%
$2,148
Property Management
10%
$720
CapEx
5%
$360
Vacancy
6%
$432
Maintenance
5%
$360
Other
0%
$0