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This property looks like a bad Mid-Term investment with a projected -17.49% first-year return on $424k initial cash invested.
-17.49%
Cash On Cash
2.43%
Cap Rate
0.41
DSCR
$10,989
Rent
-$6,178
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,989 income − $17,167 expenses = $6,178 out of pocket
Investment Breakdown
|
Purchase Price
$1933k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$424k
Downpayment
20%
$387k
Closing costs
1%
$19,327
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,989
Total Expenses
$17,167
Mortgage P&I
88%
$9,646
Property Taxes
28%
$3,083
Home Insurance
6%
$700
HOA
0%
$0
Property Management
12%
$1,319
CapEx
4%
$440
Vacancy
3%
$330
Maintenance
4%
$440
Other
11%
$1,209