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This property looks like a bad Long-Term investment with a projected -26.21% first-year return on $1554k initial cash invested.
-26.21%
Cash On Cash
0.59%
Cap Rate
0.1
DSCR
$8,293
Rent
-$33,939
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,293 income − $42,232 expenses = $33,939 out of pocket
Investment Breakdown
|
Purchase Price
$7400k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$1554k
Downpayment
20%
$1480k
Closing costs
1%
$74,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$8,293
Total Expenses
$42,232
Mortgage P&I
448%
$37,185
Property Taxes
4%
$300
Home Insurance
31%
$2,590
HOA
0%
$0
Property Management
10%
$829
CapEx
5%
$415
Vacancy
6%
$498
Maintenance
5%
$415
Other
0%
$0