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This property looks like a bad Mid-Term investment with a projected -16.9% first-year return on $493k initial cash invested.
-16.9%
Cash On Cash
2.64%
Cap Rate
0.43
DSCR
$9,760
Rent
-$6,940
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,760 income − $16,700 expenses = $6,940 out of pocket
Investment Breakdown
|
Purchase Price
$2261k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$493k
Downpayment
20%
$452k
Closing costs
1%
$22,605
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,760
Total Expenses
$16,700
Mortgage P&I
118%
$11,526
Property Taxes
6%
$616
Home Insurance
9%
$840
HOA
4%
$400
Property Management
12%
$1,171
CapEx
4%
$390
Vacancy
3%
$293
Maintenance
4%
$390
Other
11%
$1,074