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This property looks like a bad Mid-Term investment with a projected -19.75% first-year return on $590k initial cash invested.
-19.75%
Cash On Cash
2.49%
Cap Rate
0.38
DSCR
$13,416
Rent
-$9,714
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$13,416 income − $23,130 expenses = $9,714 out of pocket
Investment Breakdown
|
Purchase Price
$2725k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$590k
Downpayment
20%
$545k
Closing costs
1%
$27,253
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$13,416
Total Expenses
$23,130
Mortgage P&I
111%
$14,842
Property Taxes
20%
$2,748
Home Insurance
7%
$978
HOA
0%
$0
Property Management
12%
$1,610
CapEx
4%
$537
Vacancy
3%
$402
Maintenance
4%
$537
Other
11%
$1,476