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This property looks like a bad Mid-Term investment with a projected -21.93% first-year return on $291k initial cash invested.
-21.93%
Cash On Cash
1.48%
Cap Rate
0.24
DSCR
$3,080
Rent
-$5,318
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,080 income − $8,398 expenses = $5,318 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
6.8%
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
$3,080
Total Expenses
$8,398
Mortgage P&I
221%
$6,802
Property Taxes
3%
$94
Home Insurance
15%
$455
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339