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This property looks like a bad Mid-Term investment with a projected -20.63% first-year return on $494k initial cash invested.
-20.63%
Cash On Cash
1.64%
Cap Rate
0.27
DSCR
$6,228
Rent
-$8,488
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,228 income − $14,716 expenses = $8,488 out of pocket
Investment Breakdown
|
Purchase Price
$2265k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$494k
Downpayment
20%
$453k
Closing costs
1%
$22,651
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,228
Total Expenses
$14,716
Mortgage P&I
182%
$11,335
Property Taxes
7%
$426
Home Insurance
13%
$838
HOA
0%
$0
Property Management
12%
$747
CapEx
4%
$249
Vacancy
3%
$187
Maintenance
4%
$249
Other
11%
$685