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This property looks like a bad Mid-Term investment with a projected -21.62% first-year return on $359k initial cash invested.
-21.62%
Cash On Cash
2.17%
Cap Rate
0.32
DSCR
$7,281
Rent
-$6,463
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,281 income − $13,744 expenses = $6,463 out of pocket
Investment Breakdown
|
Purchase Price
$1622k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$359k
Downpayment
20%
$324k
Closing costs
1%
$16,223
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,281
Total Expenses
$13,744
Mortgage P&I
125%
$9,100
Property Taxes
20%
$1,458
Home Insurance
8%
$578
HOA
2%
$133
Property Management
12%
$874
CapEx
4%
$291
Vacancy
3%
$218
Maintenance
4%
$291
Other
11%
$801