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This property looks like a bad Mid-Term investment with a projected -2.42% first-year return on $197k initial cash invested.
-2.42%
Cash On Cash
5.89%
Cap Rate
0.98
DSCR
$7,414
Rent
-$398
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,414 income − $7,812 expenses = $398 out of pocket
Investment Breakdown
|
Purchase Price
$854k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$197k
Downpayment
20%
$171k
Closing costs
1%
$8,539
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,414
Total Expenses
$7,812
Mortgage P&I
58%
$4,290
Property Taxes
7%
$518
Home Insurance
4%
$315
HOA
2%
$167
Property Management
12%
$890
CapEx
4%
$297
Vacancy
3%
$222
Maintenance
4%
$297
Other
11%
$816