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This property looks like a bad Mid-Term investment with a projected -27.03% first-year return on $617k initial cash invested.
-27.03%
Cash On Cash
0.47%
Cap Rate
0.07
DSCR
$3,950
Rent
-$13,885
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,950 income − $17,835 expenses = $13,885 out of pocket
Investment Breakdown
|
Purchase Price
$2850k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$617k
Downpayment
20%
$570k
Closing costs
1%
$28,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,950
Total Expenses
$17,835
Mortgage P&I
376%
$14,835
Property Taxes
17%
$660
Home Insurance
25%
$998
HOA
0%
$0
Property Management
12%
$474
CapEx
4%
$158
Vacancy
3%
$118
Maintenance
4%
$158
Other
11%
$434