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This property looks like a bad Mid-Term investment with a projected -18.15% first-year return on $487k initial cash invested.
-18.15%
Cash On Cash
2.22%
Cap Rate
0.37
DSCR
$8,307
Rent
-$7,364
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,307 income − $15,671 expenses = $7,364 out of pocket
Investment Breakdown
|
Purchase Price
$2233k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$487k
Downpayment
20%
$447k
Closing costs
1%
$22,333
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,307
Total Expenses
$15,671
Mortgage P&I
134%
$11,165
Property Taxes
10%
$860
Home Insurance
10%
$822
HOA
0%
$0
Property Management
12%
$997
CapEx
4%
$332
Vacancy
3%
$249
Maintenance
4%
$332
Other
11%
$914