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This property looks like a bad Mid-Term investment with a projected -13.82% first-year return on $428k initial cash invested.
-13.82%
Cash On Cash
3.24%
Cap Rate
0.53
DSCR
$8,616
Rent
-$4,922
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,616 income − $13,538 expenses = $4,922 out of pocket
Investment Breakdown
|
Purchase Price
$1950k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$428k
Downpayment
20%
$390k
Closing costs
1%
$19,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,616
Total Expenses
$13,538
Mortgage P&I
114%
$9,835
Property Taxes
1%
$91
Home Insurance
8%
$682
HOA
0%
$0
Property Management
12%
$1,034
CapEx
4%
$345
Vacancy
3%
$258
Maintenance
4%
$345
Other
11%
$948