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This property looks like a bad Mid-Term investment with a projected -11.9% first-year return on $355k initial cash invested.
-11.9%
Cash On Cash
3.64%
Cap Rate
0.6
DSCR
$8,574
Rent
-$3,520
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,574 income − $12,094 expenses = $3,520 out of pocket
Investment Breakdown
|
Purchase Price
$1605k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$355k
Downpayment
20%
$321k
Closing costs
1%
$16,051
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,574
Total Expenses
$12,094
Mortgage P&I
94%
$8,042
Property Taxes
4%
$351
Home Insurance
7%
$595
HOA
2%
$191
Property Management
12%
$1,029
CapEx
4%
$343
Vacancy
3%
$257
Maintenance
4%
$343
Other
11%
$943