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This property looks like a bad Mid-Term investment with a projected -20.87% first-year return on $690k initial cash invested.
-20.87%
Cash On Cash
2.25%
Cap Rate
0.34
DSCR
$10,956
Rent
-$12,000
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,956 income − $22,956 expenses = $12,000 out of pocket
Investment Breakdown
|
Purchase Price
$3200k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$690k
Downpayment
20%
$640k
Closing costs
1%
$32,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,956
Total Expenses
$22,956
Mortgage P&I
160%
$17,565
Property Taxes
4%
$463
Home Insurance
10%
$1,120
HOA
1%
$83
Property Management
12%
$1,315
CapEx
4%
$438
Vacancy
3%
$329
Maintenance
4%
$438
Other
11%
$1,205