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This property looks like a bad Mid-Term investment with a projected -22.39% first-year return on $532k initial cash invested.
-22.39%
Cash On Cash
1.46%
Cap Rate
0.24
DSCR
$8,854
Rent
-$9,923
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,854 income − $18,777 expenses = $9,923 out of pocket
Investment Breakdown
|
Purchase Price
$2447k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$532k
Downpayment
20%
$489k
Closing costs
1%
$24,467
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,854
Total Expenses
$18,777
Mortgage P&I
142%
$12,545
Property Taxes
26%
$2,314
Home Insurance
10%
$908
HOA
0%
$0
Property Management
12%
$1,062
CapEx
4%
$354
Vacancy
3%
$266
Maintenance
4%
$354
Other
11%
$974