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This property looks like a bad Mid-Term investment with a projected -24.04% first-year return on $563k initial cash invested.
-24.04%
Cash On Cash
1.13%
Cap Rate
0.18
DSCR
$10,496
Rent
-$11,276
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,496 income − $21,772 expenses = $11,276 out of pocket
Investment Breakdown
|
Purchase Price
$2595k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$563k
Downpayment
20%
$519k
Closing costs
1%
$25,950
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,496
Total Expenses
$21,772
Mortgage P&I
127%
$13,293
Property Taxes
38%
$4,001
Home Insurance
9%
$908
HOA
0%
$0
Property Management
12%
$1,260
CapEx
4%
$420
Vacancy
3%
$315
Maintenance
4%
$420
Other
11%
$1,155