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This property looks like a bad Mid-Term investment with a projected -19.4% first-year return on $483k initial cash invested.
-19.4%
Cash On Cash
1.96%
Cap Rate
0.33
DSCR
$8,548
Rent
-$7,814
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,548 income − $16,362 expenses = $7,814 out of pocket
Investment Breakdown
|
Purchase Price
$2216k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$483k
Downpayment
20%
$443k
Closing costs
1%
$22,164
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,548
Total Expenses
$16,362
Mortgage P&I
130%
$11,094
Property Taxes
12%
$1,022
Home Insurance
9%
$798
HOA
6%
$542
Property Management
12%
$1,026
CapEx
4%
$342
Vacancy
3%
$256
Maintenance
4%
$342
Other
11%
$940