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This property looks like a bad Mid-Term investment with a projected -14.32% first-year return on $222k initial cash invested.
-14.32%
Cash On Cash
2.98%
Cap Rate
0.5
DSCR
$5,242
Rent
-$2,645
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,242 income − $7,887 expenses = $2,645 out of pocket
Investment Breakdown
|
Purchase Price
$970k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$194k
Closing costs
1%
$9,701
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,242
Total Expenses
$7,887
Mortgage P&I
92%
$4,847
Property Taxes
12%
$614
Home Insurance
7%
$350
HOA
6%
$293
Property Management
12%
$629
CapEx
4%
$210
Vacancy
3%
$157
Maintenance
4%
$210
Other
11%
$577