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This property looks like a bad Mid-Term investment with a projected -28.99% first-year return on $612k initial cash invested.
-28.99%
Cash On Cash
0.43%
Cap Rate
0.06
DSCR
$3,855
Rent
-$14,771
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,855 income − $18,626 expenses = $14,771 out of pocket
Investment Breakdown
|
Purchase Price
$2826k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$612k
Downpayment
20%
$565k
Closing costs
1%
$28,262
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,855
Total Expenses
$18,626
Mortgage P&I
406%
$15,633
Property Taxes
14%
$549
Home Insurance
27%
$1,048
HOA
2%
$85
Property Management
12%
$463
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$424