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This property looks like a bad Mid-Term investment with a projected -20.91% first-year return on $693k initial cash invested.
-20.91%
Cash On Cash
1.79%
Cap Rate
0.29
DSCR
$10,683
Rent
-$12,065
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,683 income − $22,748 expenses = $12,065 out of pocket
Investment Breakdown
|
Purchase Price
$3212k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$693k
Downpayment
20%
$642k
Closing costs
1%
$32,120
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,683
Total Expenses
$22,748
Mortgage P&I
154%
$16,431
Property Taxes
14%
$1,461
Home Insurance
11%
$1,225
HOA
0%
$0
Property Management
12%
$1,282
CapEx
4%
$427
Vacancy
3%
$320
Maintenance
4%
$427
Other
11%
$1,175