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This property looks like a bad Long-Term investment with a projected -23.47% first-year return on $295k initial cash invested.
-23.47%
Cash On Cash
1.08%
Cap Rate
0.18
DSCR
$2,825
Rent
-$5,766
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,825 income − $8,591 expenses = $5,766 out of pocket
Investment Breakdown
|
Purchase Price
$1404k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$295k
Downpayment
20%
$281k
Closing costs
1%
$14,037
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,825
Total Expenses
$8,591
Mortgage P&I
244%
$6,889
Property Taxes
14%
$408
Home Insurance
20%
$560
HOA
0%
$0
Property Management
10%
$282
CapEx
5%
$141
Vacancy
6%
$170
Maintenance
5%
$141
Other
0%
$0