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This property looks like a bad Mid-Term investment with a projected -22.27% first-year return on $451k initial cash invested.
-22.27%
Cash On Cash
1.23%
Cap Rate
0.21
DSCR
$7,288
Rent
-$8,362
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,288 income − $15,650 expenses = $8,362 out of pocket
Investment Breakdown
|
Purchase Price
$2060k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$451k
Downpayment
20%
$412k
Closing costs
1%
$20,597
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,288
Total Expenses
$15,650
Mortgage P&I
140%
$10,186
Property Taxes
31%
$2,286
Home Insurance
10%
$698
HOA
0%
$0
Property Management
12%
$875
CapEx
4%
$292
Vacancy
3%
$219
Maintenance
4%
$292
Other
11%
$802