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This property looks like a bad Mid-Term investment with a projected -13.32% first-year return on $216k initial cash invested.
-13.32%
Cash On Cash
3.38%
Cap Rate
0.56
DSCR
$8,487
Rent
-$2,400
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,487 income − $10,887 expenses = $2,400 out of pocket
Investment Breakdown
|
Purchase Price
$944k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$216k
Downpayment
20%
$189k
Closing costs
1%
$9,439
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,487
Total Expenses
$10,887
Mortgage P&I
56%
$4,716
Property Taxes
13%
$1,117
Home Insurance
4%
$343
HOA
22%
$1,826
Property Management
12%
$1,018
CapEx
4%
$339
Vacancy
3%
$255
Maintenance
4%
$339
Other
11%
$934