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This property looks like a bad Mid-Term investment with a projected -20.31% first-year return on $489k initial cash invested.
-20.31%
Cash On Cash
1.86%
Cap Rate
0.3
DSCR
$8,604
Rent
-$8,278
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,604 income − $16,882 expenses = $8,278 out of pocket
Investment Breakdown
|
Purchase Price
$2243k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$489k
Downpayment
20%
$449k
Closing costs
1%
$22,434
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,604
Total Expenses
$16,882
Mortgage P&I
133%
$11,403
Property Taxes
19%
$1,612
Home Insurance
11%
$943
HOA
0%
$0
Property Management
12%
$1,032
CapEx
4%
$344
Vacancy
3%
$258
Maintenance
4%
$344
Other
11%
$946