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This property looks like a bad Mid-Term investment with a projected -7.4% first-year return on $362k initial cash invested.
-7.4%
Cash On Cash
4.61%
Cap Rate
0.78
DSCR
$10,497
Rent
-$2,234
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,497 income − $12,731 expenses = $2,234 out of pocket
Investment Breakdown
|
Purchase Price
$1640k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$362k
Downpayment
20%
$328k
Closing costs
1%
$16,404
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,497
Total Expenses
$12,731
Mortgage P&I
77%
$8,120
Property Taxes
5%
$551
Home Insurance
5%
$490
HOA
0%
$0
Property Management
12%
$1,260
CapEx
4%
$420
Vacancy
3%
$315
Maintenance
4%
$420
Other
11%
$1,155