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This property looks like a bad Mid-Term investment with a projected -5.52% first-year return on $270k initial cash invested.
-5.52%
Cash On Cash
5.15%
Cap Rate
0.85
DSCR
$8,254
Rent
-$1,242
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,254 income − $9,496 expenses = $1,242 out of pocket
Investment Breakdown
|
Purchase Price
$1199k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$270k
Downpayment
20%
$240k
Closing costs
1%
$11,990
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,254
Total Expenses
$9,496
Mortgage P&I
73%
$6,055
Property Taxes
3%
$215
Home Insurance
5%
$420
HOA
0%
$0
Property Management
12%
$990
CapEx
4%
$330
Vacancy
3%
$248
Maintenance
4%
$330
Other
11%
$908