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This property looks like a bad Mid-Term investment with a projected -18.47% first-year return on $420k initial cash invested.
-18.47%
Cash On Cash
2.2%
Cap Rate
0.36
DSCR
$8,724
Rent
-$6,466
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,724 income − $15,190 expenses = $6,466 out of pocket
Investment Breakdown
|
Purchase Price
$1915k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$420k
Downpayment
20%
$383k
Closing costs
1%
$19,147
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,724
Total Expenses
$15,190
Mortgage P&I
110%
$9,630
Property Taxes
22%
$1,895
Home Insurance
8%
$698
HOA
0%
$0
Property Management
12%
$1,047
CapEx
4%
$349
Vacancy
3%
$262
Maintenance
4%
$349
Other
11%
$960