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This property looks like a bad Long-Term investment with a projected -20.82% first-year return on $462k initial cash invested.
-20.82%
Cash On Cash
1.75%
Cap Rate
0.29
DSCR
$5,319
Rent
-$8,010
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,319 income − $13,329 expenses = $8,010 out of pocket
Investment Breakdown
|
Purchase Price
$2198k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$462k
Downpayment
20%
$440k
Closing costs
1%
$21,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,319
Total Expenses
$13,329
Mortgage P&I
206%
$10,944
Property Taxes
4%
$233
Home Insurance
14%
$769
HOA
0%
$0
Property Management
10%
$532
CapEx
5%
$266
Vacancy
6%
$319
Maintenance
5%
$266
Other
0%
$0