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This property looks like a bad Mid-Term investment with a projected -24.21% first-year return on $477k initial cash invested.
-24.21%
Cash On Cash
1.21%
Cap Rate
0.19
DSCR
$6,100
Rent
-$9,633
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,100 income − $15,733 expenses = $9,633 out of pocket
Investment Breakdown
|
Purchase Price
$2188k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$477k
Downpayment
20%
$438k
Closing costs
1%
$21,880
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,100
Total Expenses
$15,733
Mortgage P&I
190%
$11,596
Property Taxes
21%
$1,297
Home Insurance
13%
$766
HOA
0%
$0
Property Management
12%
$732
CapEx
4%
$244
Vacancy
3%
$183
Maintenance
4%
$244
Other
11%
$671