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This property looks like a bad Mid-Term investment with a projected -19.52% first-year return on $493k initial cash invested.
-19.52%
Cash On Cash
2.07%
Cap Rate
0.34
DSCR
$11,918
Rent
-$8,022
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,918 income − $19,940 expenses = $8,022 out of pocket
Investment Breakdown
|
Purchase Price
$2263k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$493k
Downpayment
20%
$453k
Closing costs
1%
$22,629
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,918
Total Expenses
$19,940
Mortgage P&I
96%
$11,442
Property Taxes
30%
$3,623
Home Insurance
7%
$822
HOA
0%
$0
Property Management
12%
$1,430
CapEx
4%
$477
Vacancy
3%
$358
Maintenance
4%
$477
Other
11%
$1,311