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This property looks like a bad Mid-Term investment with a projected -19.87% first-year return on $522k initial cash invested.
-19.87%
Cash On Cash
1.86%
Cap Rate
0.31
DSCR
$8,349
Rent
-$8,650
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,349 income − $16,999 expenses = $8,650 out of pocket
Investment Breakdown
|
Purchase Price
$2402k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$522k
Downpayment
20%
$480k
Closing costs
1%
$24,019
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,349
Total Expenses
$16,999
Mortgage P&I
144%
$12,037
Property Taxes
15%
$1,251
Home Insurance
10%
$873
HOA
0%
$0
Property Management
12%
$1,002
CapEx
4%
$334
Vacancy
3%
$250
Maintenance
4%
$334
Other
11%
$918