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This property looks like a bad Mid-Term investment with a projected -21.92% first-year return on $569k initial cash invested.
-21.92%
Cash On Cash
1.45%
Cap Rate
0.24
DSCR
$11,760
Rent
-$10,392
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,760 income − $22,152 expenses = $10,392 out of pocket
Investment Breakdown
|
Purchase Price
$2624k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$569k
Downpayment
20%
$525k
Closing costs
1%
$26,235
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,760
Total Expenses
$22,152
Mortgage P&I
111%
$13,094
Property Taxes
35%
$4,124
Home Insurance
8%
$936
HOA
0%
$0
Property Management
12%
$1,411
CapEx
4%
$470
Vacancy
3%
$353
Maintenance
4%
$470
Other
11%
$1,294