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This property looks like a bad Mid-Term investment with a projected -17.21% first-year return on $429k initial cash invested.
-17.21%
Cash On Cash
2.57%
Cap Rate
0.42
DSCR
$8,490
Rent
-$6,159
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,490 income − $14,649 expenses = $6,159 out of pocket
Investment Breakdown
|
Purchase Price
$1959k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$429k
Downpayment
20%
$392k
Closing costs
1%
$19,588
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,490
Total Expenses
$14,649
Mortgage P&I
118%
$10,015
Property Taxes
5%
$390
Home Insurance
12%
$976
HOA
4%
$380
Property Management
12%
$1,019
CapEx
4%
$340
Vacancy
3%
$255
Maintenance
4%
$340
Other
11%
$934