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This property looks like a bad Mid-Term investment with a projected -20.05% first-year return on $499k initial cash invested.
-20.05%
Cash On Cash
2.1%
Cap Rate
0.33
DSCR
$7,476
Rent
-$8,338
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,476 income − $15,814 expenses = $8,338 out of pocket
Investment Breakdown
|
Purchase Price
$2291k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$499k
Downpayment
20%
$458k
Closing costs
1%
$22,910
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,476
Total Expenses
$15,814
Mortgage P&I
161%
$12,054
Property Taxes
5%
$361
Home Insurance
11%
$858
HOA
0%
$0
Property Management
12%
$897
CapEx
4%
$299
Vacancy
3%
$224
Maintenance
4%
$299
Other
11%
$822