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This property looks like a bad Mid-Term investment with a projected -21.04% first-year return on $424k initial cash invested.
-21.04%
Cash On Cash
1.65%
Cap Rate
0.27
DSCR
$7,035
Rent
-$7,437
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,035 income − $14,472 expenses = $7,437 out of pocket
Investment Breakdown
|
Purchase Price
$1934k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$424k
Downpayment
20%
$387k
Closing costs
1%
$19,338
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,035
Total Expenses
$14,472
Mortgage P&I
140%
$9,819
Property Taxes
22%
$1,562
Home Insurance
10%
$700
HOA
0%
$0
Property Management
12%
$844
CapEx
4%
$281
Vacancy
3%
$211
Maintenance
4%
$281
Other
11%
$774