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This property looks like a bad Mid-Term investment with a projected -22.7% first-year return on $500k initial cash invested.
-22.7%
Cash On Cash
1.26%
Cap Rate
0.21
DSCR
$6,748
Rent
-$9,463
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,748 income − $16,211 expenses = $9,463 out of pocket
Investment Breakdown
|
Purchase Price
$2297k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$500k
Downpayment
20%
$459k
Closing costs
1%
$22,969
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,748
Total Expenses
$16,211
Mortgage P&I
172%
$11,605
Property Taxes
22%
$1,474
Home Insurance
12%
$838
HOA
0%
$0
Property Management
12%
$810
CapEx
4%
$270
Vacancy
3%
$202
Maintenance
4%
$270
Other
11%
$742