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This property looks like a bad Mid-Term investment with a projected -18.5% first-year return on $520k initial cash invested.
-18.5%
Cash On Cash
2.58%
Cap Rate
0.41
DSCR
$12,116
Rent
-$8,014
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$12,116 income − $20,130 expenses = $8,014 out of pocket
Investment Breakdown
|
Purchase Price
$2390k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$520k
Downpayment
20%
$478k
Closing costs
1%
$23,898
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$12,116
Total Expenses
$20,130
Mortgage P&I
105%
$12,677
Property Taxes
20%
$2,458
Home Insurance
7%
$875
HOA
0%
$0
Property Management
12%
$1,454
CapEx
4%
$485
Vacancy
3%
$363
Maintenance
4%
$485
Other
11%
$1,333