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This property looks like a bad Mid-Term investment with a projected -10.05% first-year return on $291k initial cash invested.
-10.05%
Cash On Cash
4.21%
Cap Rate
0.68
DSCR
$7,382
Rent
-$2,437
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,382 income − $9,819 expenses = $2,437 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$291k
Downpayment
20%
$260k
Closing costs
1%
$13,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,382
Total Expenses
$9,819
Mortgage P&I
91%
$6,699
Property Taxes
2%
$156
Home Insurance
6%
$455
HOA
0%
$0
Property Management
12%
$886
CapEx
4%
$295
Vacancy
3%
$221
Maintenance
4%
$295
Other
11%
$812