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This property looks like a bad Mid-Term investment with a projected -12.07% first-year return on $1907k initial cash invested.
-12.07%
Cash On Cash
3.75%
Cap Rate
0.62
DSCR
$55,468
Rent
-$19,183
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$55,468 income − $74,651 expenses = $19,183 out of pocket
Investment Breakdown
|
Purchase Price
$8995k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$1907k
Downpayment
20%
$1799k
Closing costs
1%
$89,950
Rehab
0%
$0
Furnishing
0%
$18,000
Cashflow
Total Income
$55,468
Total Expenses
$74,651
Mortgage P&I
81%
$45,040
Property Taxes
11%
$6,146
Home Insurance
6%
$3,148
HOA
3%
$1,458
Property Management
12%
$6,656
CapEx
4%
$2,219
Vacancy
3%
$1,664
Maintenance
4%
$2,219
Other
11%
$6,101