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This property looks like a bad Mid-Term investment with a projected -24.32% first-year return on $610k initial cash invested.
-24.32%
Cash On Cash
1.21%
Cap Rate
0.19
DSCR
$6,300
Rent
-$12,358
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,300 income − $18,658 expenses = $12,358 out of pocket
Investment Breakdown
|
Purchase Price
$2817k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$610k
Downpayment
20%
$563k
Closing costs
1%
$28,174
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,300
Total Expenses
$18,658
Mortgage P&I
237%
$14,956
Property Taxes
8%
$512
Home Insurance
17%
$1,048
HOA
0%
$0
Property Management
12%
$756
CapEx
4%
$252
Vacancy
3%
$189
Maintenance
4%
$252
Other
11%
$693