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This property looks like a bad Mid-Term investment with a projected -24.65% first-year return on $480k initial cash invested.
-24.65%
Cash On Cash
0.74%
Cap Rate
0.12
DSCR
$4,143
Rent
-$9,859
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,143 income − $14,002 expenses = $9,859 out of pocket
Investment Breakdown
|
Purchase Price
$2200k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$480k
Downpayment
20%
$440k
Closing costs
1%
$22,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,143
Total Expenses
$14,002
Mortgage P&I
267%
$11,053
Property Taxes
19%
$770
Home Insurance
19%
$770
HOA
0%
$0
Property Management
12%
$497
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456