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This property looks like a bad Mid-Term investment with a projected -22.43% first-year return on $590k initial cash invested.
-22.43%
Cash On Cash
1.38%
Cap Rate
0.23
DSCR
$9,561
Rent
-$11,035
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,561 income − $20,596 expenses = $11,035 out of pocket
Investment Breakdown
|
Purchase Price
$2725k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$590k
Downpayment
20%
$545k
Closing costs
1%
$27,254
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,561
Total Expenses
$20,596
Mortgage P&I
144%
$13,793
Property Taxes
27%
$2,538
Home Insurance
11%
$1,015
HOA
0%
$0
Property Management
12%
$1,147
CapEx
4%
$382
Vacancy
3%
$287
Maintenance
4%
$382
Other
11%
$1,052