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This property looks like a bad Mid-Term investment with a projected -21.03% first-year return on $511k initial cash invested.
-21.03%
Cash On Cash
1.6%
Cap Rate
0.27
DSCR
$8,397
Rent
-$8,960
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,397 income − $17,357 expenses = $8,960 out of pocket
Investment Breakdown
|
Purchase Price
$2349k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$511k
Downpayment
20%
$470k
Closing costs
1%
$23,490
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,397
Total Expenses
$17,357
Mortgage P&I
140%
$11,750
Property Taxes
24%
$1,983
Home Insurance
9%
$768
HOA
0%
$0
Property Management
12%
$1,008
CapEx
4%
$336
Vacancy
3%
$252
Maintenance
4%
$336
Other
11%
$924