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This property looks like a bad Mid-Term investment with a projected -10.77% first-year return on $291k initial cash invested.
-10.77%
Cash On Cash
3.82%
Cap Rate
0.64
DSCR
$7,376
Rent
-$2,611
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,376 income − $9,987 expenses = $2,611 out of pocket
Investment Breakdown
|
Purchase Price
$1299k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$291k
Downpayment
20%
$260k
Closing costs
1%
$12,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,376
Total Expenses
$9,987
Mortgage P&I
87%
$6,451
Property Taxes
5%
$403
Home Insurance
6%
$455
HOA
2%
$171
Property Management
12%
$885
CapEx
4%
$295
Vacancy
3%
$221
Maintenance
4%
$295
Other
11%
$811