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This property looks like a bad Mid-Term investment with a projected -15.58% first-year return on $603k initial cash invested.
-15.58%
Cash On Cash
2.86%
Cap Rate
0.47
DSCR
$11,652
Rent
-$7,836
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,652 income − $19,488 expenses = $7,836 out of pocket
Investment Breakdown
|
Purchase Price
$2788k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$603k
Downpayment
20%
$558k
Closing costs
1%
$27,880
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,652
Total Expenses
$19,488
Mortgage P&I
120%
$14,010
Property Taxes
5%
$540
Home Insurance
8%
$976
HOA
0%
$0
Property Management
12%
$1,398
CapEx
4%
$466
Vacancy
3%
$350
Maintenance
4%
$466
Other
11%
$1,282