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This property looks like a bad Mid-Term investment with a projected -24.83% first-year return on $470k initial cash invested.
-24.83%
Cash On Cash
0.56%
Cap Rate
0.09
DSCR
$3,622
Rent
-$9,714
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,622 income − $13,336 expenses = $9,714 out of pocket
Investment Breakdown
|
Purchase Price
$2150k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$470k
Downpayment
20%
$430k
Closing costs
1%
$21,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,622
Total Expenses
$13,336
Mortgage P&I
292%
$10,570
Property Taxes
22%
$782
Home Insurance
21%
$752
HOA
0%
$0
Property Management
12%
$435
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$398