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This property looks like a bad Mid-Term investment with a projected -9.63% first-year return on $354k initial cash invested.
-9.63%
Cash On Cash
4.15%
Cap Rate
0.69
DSCR
$9,063
Rent
-$2,838
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,063 income − $11,901 expenses = $2,838 out of pocket
Investment Breakdown
|
Purchase Price
$1599k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$354k
Downpayment
20%
$320k
Closing costs
1%
$15,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,063
Total Expenses
$11,901
Mortgage P&I
88%
$8,006
Property Taxes
3%
$252
Home Insurance
6%
$560
HOA
0%
$0
Property Management
12%
$1,088
CapEx
4%
$363
Vacancy
3%
$272
Maintenance
4%
$363
Other
11%
$997