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This property looks like a bad Mid-Term investment with a projected -13.06% first-year return on $406k initial cash invested.
-13.06%
Cash On Cash
3.41%
Cap Rate
0.56
DSCR
$8,991
Rent
-$4,423
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,991 income − $13,414 expenses = $4,423 out of pocket
Investment Breakdown
|
Purchase Price
$1849k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$406k
Downpayment
20%
$370k
Closing costs
1%
$18,490
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,991
Total Expenses
$13,414
Mortgage P&I
104%
$9,314
Property Taxes
4%
$395
Home Insurance
7%
$647
HOA
0%
$0
Property Management
12%
$1,079
CapEx
4%
$360
Vacancy
3%
$270
Maintenance
4%
$360
Other
11%
$989