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This property looks like a bad Mid-Term investment with a projected -12.18% first-year return on $428k initial cash invested.
-12.18%
Cash On Cash
3.65%
Cap Rate
0.6
DSCR
$9,920
Rent
-$4,340
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,920 income − $14,260 expenses = $4,340 out of pocket
Investment Breakdown
|
Purchase Price
$1950k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$428k
Downpayment
20%
$390k
Closing costs
1%
$19,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,920
Total Expenses
$14,260
Mortgage P&I
99%
$9,868
Property Taxes
3%
$337
Home Insurance
7%
$682
HOA
0%
$0
Property Management
12%
$1,190
CapEx
4%
$397
Vacancy
3%
$298
Maintenance
4%
$397
Other
11%
$1,091