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This property looks like a bad Mid-Term investment with a projected -27.84% first-year return on $626k initial cash invested.
-27.84%
Cash On Cash
0.74%
Cap Rate
0.11
DSCR
$7,272
Rent
-$14,532
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,272 income − $21,804 expenses = $14,532 out of pocket
Investment Breakdown
|
Purchase Price
$2897k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$626k
Downpayment
20%
$579k
Closing costs
1%
$28,973
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,272
Total Expenses
$21,804
Mortgage P&I
220%
$16,021
Property Taxes
30%
$2,208
Home Insurance
15%
$1,102
HOA
0%
$0
Property Management
12%
$873
CapEx
4%
$291
Vacancy
3%
$218
Maintenance
4%
$291
Other
11%
$800