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This property looks like a bad Mid-Term investment with a projected -2.59% first-year return on $195k initial cash invested.
-2.59%
Cash On Cash
6.46%
Cap Rate
0.98
DSCR
$8,002
Rent
-$421
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,002 income − $8,423 expenses = $421 out of pocket
Investment Breakdown
|
Purchase Price
$845k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$195k
Downpayment
20%
$169k
Closing costs
1%
$8,449
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,002
Total Expenses
$8,423
Mortgage P&I
58%
$4,650
Property Taxes
9%
$752
Home Insurance
4%
$301
HOA
0%
$0
Property Management
12%
$960
CapEx
4%
$320
Vacancy
3%
$240
Maintenance
4%
$320
Other
11%
$880