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This property looks like a bad Mid-Term investment with a projected -13.97% first-year return on $310k initial cash invested.
-13.97%
Cash On Cash
3.2%
Cap Rate
0.53
DSCR
$7,647
Rent
-$3,608
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,647 income − $11,255 expenses = $3,608 out of pocket
Investment Breakdown
|
Purchase Price
$1390k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$310k
Downpayment
20%
$278k
Closing costs
1%
$13,904
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,647
Total Expenses
$11,255
Mortgage P&I
92%
$7,015
Property Taxes
15%
$1,150
Home Insurance
6%
$490
HOA
0%
$0
Property Management
12%
$918
CapEx
4%
$306
Vacancy
3%
$229
Maintenance
4%
$306
Other
11%
$841