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This property looks like a bad Mid-Term investment with a projected -14.86% first-year return on $324k initial cash invested.
-14.86%
Cash On Cash
3.04%
Cap Rate
0.5
DSCR
$7,474
Rent
-$4,016
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,474 income − $11,490 expenses = $4,016 out of pocket
Investment Breakdown
|
Purchase Price
$1459k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$324k
Downpayment
20%
$292k
Closing costs
1%
$14,586
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,474
Total Expenses
$11,490
Mortgage P&I
99%
$7,414
Property Taxes
14%
$1,011
Home Insurance
7%
$524
HOA
0%
$0
Property Management
12%
$897
CapEx
4%
$299
Vacancy
3%
$224
Maintenance
4%
$299
Other
11%
$822