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This property looks like a bad Mid-Term investment with a projected -12.68% first-year return on $359k initial cash invested.
-12.68%
Cash On Cash
3.49%
Cap Rate
0.58
DSCR
$8,457
Rent
-$3,792
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,457 income − $12,249 expenses = $3,792 out of pocket
Investment Breakdown
|
Purchase Price
$1624k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$359k
Downpayment
20%
$325k
Closing costs
1%
$16,238
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,457
Total Expenses
$12,249
Mortgage P&I
97%
$8,180
Property Taxes
7%
$616
Home Insurance
7%
$578
HOA
0%
$0
Property Management
12%
$1,015
CapEx
4%
$338
Vacancy
3%
$254
Maintenance
4%
$338
Other
11%
$930