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This property looks like a bad Mid-Term investment with a projected -27.42% first-year return on $491k initial cash invested.
-27.42%
Cash On Cash
0.21%
Cap Rate
0.03
DSCR
$3,531
Rent
-$11,207
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,531 income − $14,738 expenses = $11,207 out of pocket
Investment Breakdown
|
Purchase Price
$2250k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$491k
Downpayment
20%
$450k
Closing costs
1%
$22,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,531
Total Expenses
$14,738
Mortgage P&I
324%
$11,451
Property Taxes
37%
$1,299
Home Insurance
22%
$788
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388