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This property looks like a bad Mid-Term investment with a projected -17.12% first-year return on $500k initial cash invested.
-17.12%
Cash On Cash
2.49%
Cap Rate
0.42
DSCR
$11,799
Rent
-$7,131
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,799 income − $18,930 expenses = $7,131 out of pocket
Investment Breakdown
|
Purchase Price
$2295k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$500k
Downpayment
20%
$459k
Closing costs
1%
$22,950
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,799
Total Expenses
$18,930
Mortgage P&I
97%
$11,427
Property Taxes
18%
$2,142
Home Insurance
7%
$803
HOA
5%
$546
Property Management
12%
$1,416
CapEx
4%
$472
Vacancy
3%
$354
Maintenance
4%
$472
Other
11%
$1,298