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This property looks like a bad Mid-Term investment with a projected -23.46% first-year return on $564k initial cash invested.
-23.46%
Cash On Cash
1.04%
Cap Rate
0.17
DSCR
$8,649
Rent
-$11,024
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,649 income − $19,673 expenses = $11,024 out of pocket
Investment Breakdown
|
Purchase Price
$2599k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$564k
Downpayment
20%
$520k
Closing costs
1%
$25,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,649
Total Expenses
$19,673
Mortgage P&I
150%
$12,940
Property Taxes
33%
$2,883
Home Insurance
11%
$910
HOA
0%
$0
Property Management
12%
$1,038
CapEx
4%
$346
Vacancy
3%
$259
Maintenance
4%
$346
Other
11%
$951