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This property looks like a bad Mid-Term investment with a projected -20.34% first-year return on $620k initial cash invested.
-20.34%
Cash On Cash
1.93%
Cap Rate
0.31
DSCR
$8,658
Rent
-$10,507
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,658 income − $19,165 expenses = $10,507 out of pocket
Investment Breakdown
|
Purchase Price
$2865k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$620k
Downpayment
20%
$573k
Closing costs
1%
$28,654
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,658
Total Expenses
$19,165
Mortgage P&I
171%
$14,766
Property Taxes
4%
$385
Home Insurance
12%
$1,071
HOA
0%
$0
Property Management
12%
$1,039
CapEx
4%
$346
Vacancy
3%
$260
Maintenance
4%
$346
Other
11%
$952