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This property looks like a bad Mid-Term investment with a projected -22.06% first-year return on $514k initial cash invested.
-22.06%
Cash On Cash
1.45%
Cap Rate
0.24
DSCR
$8,430
Rent
-$9,442
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,430 income − $17,872 expenses = $9,442 out of pocket
Investment Breakdown
|
Purchase Price
$2360k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$514k
Downpayment
20%
$472k
Closing costs
1%
$23,604
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,430
Total Expenses
$17,872
Mortgage P&I
142%
$11,958
Property Taxes
26%
$2,190
Home Insurance
10%
$858
HOA
0%
$0
Property Management
12%
$1,012
CapEx
4%
$337
Vacancy
3%
$253
Maintenance
4%
$337
Other
11%
$927