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This property looks like a bad Mid-Term investment with a projected -15.44% first-year return on $360k initial cash invested.
-15.44%
Cash On Cash
2.9%
Cap Rate
0.48
DSCR
$7,186
Rent
-$4,632
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,186 income − $11,818 expenses = $4,632 out of pocket
Investment Breakdown
|
Purchase Price
$1629k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$360k
Downpayment
20%
$326k
Closing costs
1%
$16,291
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,186
Total Expenses
$11,818
Mortgage P&I
115%
$8,284
Property Taxes
7%
$480
Home Insurance
9%
$612
HOA
0%
$0
Property Management
12%
$862
CapEx
4%
$287
Vacancy
3%
$216
Maintenance
4%
$287
Other
11%
$790