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This property looks like a bad Mid-Term investment with a projected -19.6% first-year return on $500k initial cash invested.
-19.6%
Cash On Cash
1.96%
Cap Rate
0.33
DSCR
$11,576
Rent
-$8,164
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,576 income − $19,740 expenses = $8,164 out of pocket
Investment Breakdown
|
Purchase Price
$2295k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$500k
Downpayment
20%
$459k
Closing costs
1%
$22,949
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,576
Total Expenses
$19,740
Mortgage P&I
99%
$11,454
Property Taxes
31%
$3,546
Home Insurance
7%
$805
HOA
0%
$0
Property Management
12%
$1,389
CapEx
4%
$463
Vacancy
3%
$347
Maintenance
4%
$463
Other
11%
$1,273