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This property looks like a bad Long-Term investment with a projected -18.06% first-year return on $1889k initial cash invested.
-18.06%
Cash On Cash
2.46%
Cap Rate
0.41
DSCR
$36,979
Rent
-$28,428
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$36,979 income − $65,407 expenses = $28,428 out of pocket
Investment Breakdown
|
Purchase Price
$8995k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$1889k
Downpayment
20%
$1799k
Closing costs
1%
$89,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$36,979
Total Expenses
$65,407
Mortgage P&I
122%
$45,040
Property Taxes
17%
$6,146
Home Insurance
9%
$3,148
HOA
4%
$1,458
Property Management
10%
$3,698
CapEx
5%
$1,849
Vacancy
6%
$2,219
Maintenance
5%
$1,849
Other
0%
$0