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This property looks like a bad Mid-Term investment with a projected -14.97% first-year return on $575k initial cash invested.
-14.97%
Cash On Cash
2.87%
Cap Rate
0.49
DSCR
$11,416
Rent
-$7,167
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,416 income − $18,583 expenses = $7,167 out of pocket
Investment Breakdown
|
Purchase Price
$2650k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$575k
Downpayment
20%
$530k
Closing costs
1%
$26,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,416
Total Expenses
$18,583
Mortgage P&I
114%
$13,053
Property Taxes
6%
$720
Home Insurance
8%
$928
HOA
0%
$0
Property Management
12%
$1,370
CapEx
4%
$457
Vacancy
3%
$342
Maintenance
4%
$457
Other
11%
$1,256