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This property looks like a bad Mid-Term investment with a projected -24.7% first-year return on $480k initial cash invested.
-24.7%
Cash On Cash
0.64%
Cap Rate
0.11
DSCR
$3,470
Rent
-$9,879
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,470 income − $13,349 expenses = $9,879 out of pocket
Investment Breakdown
|
Purchase Price
$2200k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$480k
Downpayment
20%
$440k
Closing costs
1%
$22,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,470
Total Expenses
$13,349
Mortgage P&I
314%
$10,908
Property Taxes
14%
$491
Home Insurance
22%
$770
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382