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This property looks like a bad Mid-Term investment with a projected -13.1% first-year return on $354k initial cash invested.
-13.1%
Cash On Cash
3.39%
Cap Rate
0.56
DSCR
$8,794
Rent
-$3,862
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,794 income − $12,656 expenses = $3,862 out of pocket
Investment Breakdown
|
Purchase Price
$1598k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$354k
Downpayment
20%
$320k
Closing costs
1%
$15,984
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,794
Total Expenses
$12,656
Mortgage P&I
91%
$8,025
Property Taxes
12%
$1,051
Home Insurance
7%
$590
HOA
0%
$0
Property Management
12%
$1,055
CapEx
4%
$352
Vacancy
3%
$264
Maintenance
4%
$352
Other
11%
$967