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This property looks like a bad Mid-Term investment with a projected -20.47% first-year return on $501k initial cash invested.
-20.47%
Cash On Cash
1.63%
Cap Rate
0.27
DSCR
$6,696
Rent
-$8,548
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,696 income − $15,244 expenses = $8,548 out of pocket
Investment Breakdown
|
Purchase Price
$2300k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$501k
Downpayment
20%
$460k
Closing costs
1%
$23,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,696
Total Expenses
$15,244
Mortgage P&I
170%
$11,403
Property Taxes
9%
$591
Home Insurance
12%
$805
HOA
2%
$167
Property Management
12%
$804
CapEx
4%
$268
Vacancy
3%
$201
Maintenance
4%
$268
Other
11%
$737