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This property looks like a bad Long-Term investment with a projected -24.43% first-year return on $444k initial cash invested.
-24.43%
Cash On Cash
1.14%
Cap Rate
0.19
DSCR
$5,003
Rent
-$9,030
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,003 income − $14,033 expenses = $9,030 out of pocket
Investment Breakdown
|
Purchase Price
$2113k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$444k
Downpayment
20%
$423k
Closing costs
1%
$21,125
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,003
Total Expenses
$14,033
Mortgage P&I
216%
$10,788
Property Taxes
21%
$1,074
Home Insurance
17%
$861
HOA
0%
$10
Property Management
10%
$500
CapEx
5%
$250
Vacancy
6%
$300
Maintenance
5%
$250
Other
0%
$0