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This property looks like a bad Mid-Term investment with a projected -20.25% first-year return on $407k initial cash invested.
-20.25%
Cash On Cash
2.11%
Cap Rate
0.33
DSCR
$8,124
Rent
-$6,878
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,124 income − $15,002 expenses = $6,878 out of pocket
Investment Breakdown
|
Purchase Price
$1855k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$407k
Downpayment
20%
$371k
Closing costs
1%
$18,547
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,124
Total Expenses
$15,002
Mortgage P&I
121%
$9,807
Property Taxes
22%
$1,769
Home Insurance
8%
$663
HOA
0%
$0
Property Management
12%
$975
CapEx
4%
$325
Vacancy
3%
$244
Maintenance
4%
$325
Other
11%
$894