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This property looks like a bad Mid-Term investment with a projected -8.1% first-year return on $222k initial cash invested.
-8.1%
Cash On Cash
4.54%
Cap Rate
0.75
DSCR
$6,872
Rent
-$1,500
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,872 income − $8,372 expenses = $1,500 out of pocket
Investment Breakdown
|
Purchase Price
$972k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$194k
Closing costs
1%
$9,720
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,872
Total Expenses
$8,372
Mortgage P&I
71%
$4,906
Property Taxes
10%
$654
Home Insurance
5%
$350
HOA
2%
$125
Property Management
12%
$825
CapEx
4%
$275
Vacancy
3%
$206
Maintenance
4%
$275
Other
11%
$756