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This property looks like a bad Mid-Term investment with a projected -16.4% first-year return on $359k initial cash invested.
-16.4%
Cash On Cash
2.63%
Cap Rate
0.44
DSCR
$7,822
Rent
-$4,904
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,822 income − $12,726 expenses = $4,904 out of pocket
Investment Breakdown
|
Purchase Price
$1623k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$359k
Downpayment
20%
$325k
Closing costs
1%
$16,229
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,822
Total Expenses
$12,726
Mortgage P&I
104%
$8,147
Property Taxes
17%
$1,293
Home Insurance
8%
$626
HOA
0%
$0
Property Management
12%
$939
CapEx
4%
$313
Vacancy
3%
$235
Maintenance
4%
$313
Other
11%
$860