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This property looks like a bad Mid-Term investment with a projected -22.07% first-year return on $406k initial cash invested.
-22.07%
Cash On Cash
1.92%
Cap Rate
0.29
DSCR
$7,776
Rent
-$7,469
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,776 income − $15,245 expenses = $7,469 out of pocket
Investment Breakdown
|
Purchase Price
$1848k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$406k
Downpayment
20%
$370k
Closing costs
1%
$18,480
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,776
Total Expenses
$15,245
Mortgage P&I
130%
$10,122
Property Taxes
24%
$1,833
Home Insurance
8%
$647
HOA
0%
$0
Property Management
12%
$933
CapEx
4%
$311
Vacancy
3%
$233
Maintenance
4%
$311
Other
11%
$855