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This property looks like a bad Mid-Term investment with a projected -13.54% first-year return on $359k initial cash invested.
-13.54%
Cash On Cash
3.23%
Cap Rate
0.54
DSCR
$8,217
Rent
-$4,051
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,217 income − $12,268 expenses = $4,051 out of pocket
Investment Breakdown
|
Purchase Price
$1624k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$359k
Downpayment
20%
$325k
Closing costs
1%
$16,243
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,217
Total Expenses
$12,268
Mortgage P&I
98%
$8,093
Property Taxes
10%
$792
Home Insurance
7%
$588
HOA
0%
$0
Property Management
12%
$986
CapEx
4%
$329
Vacancy
3%
$247
Maintenance
4%
$329
Other
11%
$904