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This property looks like a bad Mid-Term investment with a projected -42.71% first-year return on $2203k initial cash invested.
-42.71%
Cash On Cash
-3.01%
Cap Rate
-0.5
DSCR
$8,632
Rent
-$78,416
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,632 income − $87,048 expenses = $78,416 out of pocket
Investment Breakdown
|
Purchase Price
$10406k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$2203k
Downpayment
20%
$2081k
Closing costs
1%
$104k
Rehab
0%
$0
Furnishing
0%
$18,000
Cashflow
Total Income
$8,632
Total Expenses
$87,048
Mortgage P&I
602%
$51,935
Property Taxes
290%
$25,003
Home Insurance
83%
$7,175
HOA
0%
$0
Property Management
12%
$1,036
CapEx
4%
$345
Vacancy
3%
$259
Maintenance
4%
$345
Other
11%
$950