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This property looks like a bad Mid-Term investment with a projected -23.02% first-year return on $375k initial cash invested.
-23.02%
Cash On Cash
1.11%
Cap Rate
0.18
DSCR
$3,495
Rent
-$7,194
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,495 income − $10,689 expenses = $7,194 out of pocket
Investment Breakdown
|
Purchase Price
$1700k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$375k
Downpayment
20%
$340k
Closing costs
1%
$17,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,495
Total Expenses
$10,689
Mortgage P&I
247%
$8,632
Property Taxes
8%
$274
Home Insurance
17%
$595
HOA
0%
$0
Property Management
12%
$419
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$384