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This property looks like a bad Mid-Term investment with a projected -17.6% first-year return on $354k initial cash invested.
-17.6%
Cash On Cash
2.3%
Cap Rate
0.39
DSCR
$7,467
Rent
-$5,190
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,467 income − $12,657 expenses = $5,190 out of pocket
Investment Breakdown
|
Purchase Price
$1599k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$354k
Downpayment
20%
$320k
Closing costs
1%
$15,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,467
Total Expenses
$12,657
Mortgage P&I
107%
$7,955
Property Taxes
21%
$1,603
Home Insurance
8%
$560
HOA
0%
$0
Property Management
12%
$896
CapEx
4%
$299
Vacancy
3%
$224
Maintenance
4%
$299
Other
11%
$821