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This property looks like a bad Mid-Term investment with a projected -18.52% first-year return on $503k initial cash invested.
-18.52%
Cash On Cash
2.3%
Cap Rate
0.38
DSCR
$9,656
Rent
-$7,756
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,656 income − $17,412 expenses = $7,756 out of pocket
Investment Breakdown
|
Purchase Price
$2308k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$503k
Downpayment
20%
$462k
Closing costs
1%
$23,080
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,656
Total Expenses
$17,412
Mortgage P&I
122%
$11,802
Property Taxes
15%
$1,471
Home Insurance
9%
$856
HOA
0%
$0
Property Management
12%
$1,159
CapEx
4%
$386
Vacancy
3%
$290
Maintenance
4%
$386
Other
11%
$1,062