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This property looks like a bad Mid-Term investment with a projected -21.07% first-year return on $406k initial cash invested.
-21.07%
Cash On Cash
1.69%
Cap Rate
0.28
DSCR
$7,252
Rent
-$7,134
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,252 income − $14,386 expenses = $7,134 out of pocket
Investment Breakdown
|
Purchase Price
$1849k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$406k
Downpayment
20%
$370k
Closing costs
1%
$18,490
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,252
Total Expenses
$14,386
Mortgage P&I
130%
$9,455
Property Taxes
25%
$1,818
Home Insurance
9%
$647
HOA
0%
$0
Property Management
12%
$870
CapEx
4%
$290
Vacancy
3%
$218
Maintenance
4%
$290
Other
11%
$798