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This property looks like a bad Mid-Term investment with a projected -22.32% first-year return on $476k initial cash invested.
-22.32%
Cash On Cash
1.63%
Cap Rate
0.26
DSCR
$8,106
Rent
-$8,860
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,106 income − $16,966 expenses = $8,860 out of pocket
Investment Breakdown
|
Purchase Price
$2183k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$476k
Downpayment
20%
$437k
Closing costs
1%
$21,830
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,106
Total Expenses
$16,966
Mortgage P&I
142%
$11,503
Property Taxes
24%
$1,939
Home Insurance
9%
$768
HOA
0%
$0
Property Management
12%
$973
CapEx
4%
$324
Vacancy
3%
$243
Maintenance
4%
$324
Other
11%
$892