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This property looks like a bad Mid-Term investment with a projected -22.55% first-year return on $470k initial cash invested.
-22.55%
Cash On Cash
1.67%
Cap Rate
0.26
DSCR
$6,680
Rent
-$8,823
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,680 income − $15,503 expenses = $8,823 out of pocket
Investment Breakdown
|
Purchase Price
$2150k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$470k
Downpayment
20%
$430k
Closing costs
1%
$21,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,680
Total Expenses
$15,503
Mortgage P&I
173%
$11,547
Property Taxes
14%
$933
Home Insurance
11%
$752
HOA
0%
$0
Property Management
12%
$802
CapEx
4%
$267
Vacancy
3%
$200
Maintenance
4%
$267
Other
11%
$735