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This property looks like a bad Long-Term investment with a projected -27.16% first-year return on $462k initial cash invested.
-27.16%
Cash On Cash
0.31%
Cap Rate
0.05
DSCR
$2,313
Rent
-$10,458
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,313 income − $12,771 expenses = $10,458 out of pocket
Investment Breakdown
|
Purchase Price
$2200k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$462k
Downpayment
20%
$440k
Closing costs
1%
$22,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,313
Total Expenses
$12,771
Mortgage P&I
472%
$10,908
Property Taxes
21%
$491
Home Insurance
33%
$770
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0