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This property looks like a bad Mid-Term investment with a projected -28.32% first-year return on $703k initial cash invested.
-28.32%
Cash On Cash
0.32%
Cap Rate
0.05
DSCR
$3,414
Rent
-$16,602
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,414 income − $20,016 expenses = $16,602 out of pocket
Investment Breakdown
|
Purchase Price
$3264k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$703k
Downpayment
20%
$653k
Closing costs
1%
$32,640
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,414
Total Expenses
$20,016
Mortgage P&I
508%
$17,334
Property Taxes
11%
$378
Home Insurance
33%
$1,142
HOA
0%
$0
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$102
Maintenance
4%
$137
Other
11%
$376