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This property looks like a bad Long-Term investment with a projected -18.64% first-year return on $344k initial cash invested.
-18.64%
Cash On Cash
2.3%
Cap Rate
0.38
DSCR
$5,656
Rent
-$5,350
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,656 income − $11,006 expenses = $5,350 out of pocket
Investment Breakdown
|
Purchase Price
$1640k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$344k
Downpayment
20%
$328k
Closing costs
1%
$16,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,656
Total Expenses
$11,006
Mortgage P&I
145%
$8,211
Property Taxes
13%
$731
Home Insurance
10%
$593
HOA
0%
$0
Property Management
10%
$566
CapEx
5%
$283
Vacancy
6%
$339
Maintenance
5%
$283
Other
0%
$0