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This property looks like a bad Mid-Term investment with a projected -18.74% first-year return on $144k initial cash invested.
-18.74%
Cash On Cash
1.71%
Cap Rate
0.28
DSCR
$2,056
Rent
-$2,248
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,056 income − $4,304 expenses = $2,248 out of pocket
Investment Breakdown
|
Purchase Price
$600k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$120k
Closing costs
1%
$5,999
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,056
Total Expenses
$4,304
Mortgage P&I
147%
$3,020
Property Taxes
18%
$375
Home Insurance
10%
$210
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$226