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This property looks like a bad Mid-Term investment with a projected -13.23% first-year return on $498k initial cash invested.
-13.23%
Cash On Cash
3.35%
Cap Rate
0.56
DSCR
$10,770
Rent
-$5,497
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,770 income − $16,267 expenses = $5,497 out of pocket
Investment Breakdown
|
Purchase Price
$2288k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$498k
Downpayment
20%
$458k
Closing costs
1%
$22,880
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,770
Total Expenses
$16,267
Mortgage P&I
106%
$11,453
Property Taxes
3%
$351
Home Insurance
7%
$801
HOA
0%
$0
Property Management
12%
$1,292
CapEx
4%
$431
Vacancy
3%
$323
Maintenance
4%
$431
Other
11%
$1,185