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This property looks like a bad Mid-Term investment with a projected -22.04% first-year return on $424k initial cash invested.
-22.04%
Cash On Cash
1.35%
Cap Rate
0.22
DSCR
$7,054
Rent
-$7,785
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,054 income − $14,839 expenses = $7,785 out of pocket
Investment Breakdown
|
Purchase Price
$1933k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$424k
Downpayment
20%
$387k
Closing costs
1%
$19,331
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,054
Total Expenses
$14,839
Mortgage P&I
137%
$9,680
Property Taxes
29%
$2,021
Home Insurance
10%
$696
HOA
1%
$44
Property Management
12%
$846
CapEx
4%
$282
Vacancy
3%
$212
Maintenance
4%
$282
Other
11%
$776