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This property looks like a bad Long-Term investment with a projected -23.07% first-year return on $507k initial cash invested.
-23.07%
Cash On Cash
1.63%
Cap Rate
0.26
DSCR
$8,212
Rent
-$9,750
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,212 income − $17,962 expenses = $9,750 out of pocket
Investment Breakdown
|
Purchase Price
$2415k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$507k
Downpayment
20%
$483k
Closing costs
1%
$24,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$8,212
Total Expenses
$17,962
Mortgage P&I
154%
$12,624
Property Taxes
28%
$2,329
Home Insurance
11%
$873
HOA
0%
$0
Property Management
10%
$821
CapEx
5%
$411
Vacancy
6%
$493
Maintenance
5%
$411
Other
0%
$0