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This property looks like a bad Mid-Term investment with a projected -19.56% first-year return on $480k initial cash invested.
-19.56%
Cash On Cash
2.21%
Cap Rate
0.35
DSCR
$7,392
Rent
-$7,824
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,392 income − $15,216 expenses = $7,824 out of pocket
Investment Breakdown
|
Purchase Price
$2200k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$480k
Downpayment
20%
$440k
Closing costs
1%
$22,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,392
Total Expenses
$15,216
Mortgage P&I
157%
$11,584
Property Taxes
5%
$348
Home Insurance
10%
$770
HOA
0%
$0
Property Management
12%
$887
CapEx
4%
$296
Vacancy
3%
$222
Maintenance
4%
$296
Other
11%
$813