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This property looks like a bad Mid-Term investment with a projected -21.61% first-year return on $354k initial cash invested.
-21.61%
Cash On Cash
1.41%
Cap Rate
0.23
DSCR
$5,556
Rent
-$6,376
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,556 income − $11,932 expenses = $6,376 out of pocket
Investment Breakdown
|
Purchase Price
$1600k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$354k
Downpayment
20%
$320k
Closing costs
1%
$16,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$5,556
Total Expenses
$11,932
Mortgage P&I
145%
$8,033
Property Taxes
26%
$1,450
Home Insurance
10%
$560
HOA
0%
$0
Property Management
12%
$667
CapEx
4%
$222
Vacancy
3%
$167
Maintenance
4%
$222
Other
11%
$611