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This property looks like a bad Long-Term investment with a projected -17.74% first-year return on $347k initial cash invested.
-17.74%
Cash On Cash
2.49%
Cap Rate
0.42
DSCR
$7,004
Rent
-$5,136
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,004 income − $12,140 expenses = $5,136 out of pocket
Investment Breakdown
|
Purchase Price
$1654k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$347k
Downpayment
20%
$331k
Closing costs
1%
$16,540
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,004
Total Expenses
$12,140
Mortgage P&I
117%
$8,219
Property Taxes
24%
$1,681
Home Insurance
6%
$420
HOA
0%
$0
Property Management
10%
$700
CapEx
5%
$350
Vacancy
6%
$420
Maintenance
5%
$350
Other
0%
$0