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This property looks like a bad Long-Term investment with a projected -22.68% first-year return on $635k initial cash invested.
-22.68%
Cash On Cash
1.37%
Cap Rate
0.23
DSCR
$6,472
Rent
-$11,994
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,472 income − $18,466 expenses = $11,994 out of pocket
Investment Breakdown
|
Purchase Price
$3022k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$635k
Downpayment
20%
$604k
Closing costs
1%
$30,215
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,472
Total Expenses
$18,466
Mortgage P&I
234%
$15,120
Property Taxes
8%
$534
Home Insurance
17%
$1,129
HOA
0%
$0
Property Management
10%
$647
CapEx
5%
$324
Vacancy
6%
$388
Maintenance
5%
$324
Other
0%
$0