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This property looks like a bad Mid-Term investment with a projected -18.42% first-year return on $470k initial cash invested.
-18.42%
Cash On Cash
2.39%
Cap Rate
0.38
DSCR
$8,094
Rent
-$7,206
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,094 income − $15,300 expenses = $7,206 out of pocket
Investment Breakdown
|
Purchase Price
$2150k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$470k
Downpayment
20%
$430k
Closing costs
1%
$21,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,094
Total Expenses
$15,300
Mortgage P&I
138%
$11,156
Property Taxes
1%
$108
Home Insurance
9%
$752
HOA
7%
$532
Property Management
12%
$971
CapEx
4%
$324
Vacancy
3%
$243
Maintenance
4%
$324
Other
11%
$890