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This property looks like a bad Mid-Term investment with a projected -17.9% first-year return on $606k initial cash invested.
-17.9%
Cash On Cash
2.51%
Cap Rate
0.41
DSCR
$11,936
Rent
-$9,033
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,936 income − $20,969 expenses = $9,033 out of pocket
Investment Breakdown
|
Purchase Price
$2798k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$606k
Downpayment
20%
$560k
Closing costs
1%
$27,980
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,936
Total Expenses
$20,969
Mortgage P&I
121%
$14,407
Property Taxes
12%
$1,490
Home Insurance
9%
$1,015
HOA
0%
$0
Property Management
12%
$1,432
CapEx
4%
$477
Vacancy
3%
$358
Maintenance
4%
$477
Other
11%
$1,313