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This property looks like a bad Mid-Term investment with a projected -11% first-year return on $289k initial cash invested.
-11%
Cash On Cash
3.88%
Cap Rate
0.64
DSCR
$7,353
Rent
-$2,648
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,353 income − $10,001 expenses = $2,648 out of pocket
Investment Breakdown
|
Purchase Price
$1290k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$289k
Downpayment
20%
$258k
Closing costs
1%
$12,902
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,353
Total Expenses
$10,001
Mortgage P&I
89%
$6,529
Property Taxes
5%
$346
Home Insurance
9%
$626
HOA
0%
$0
Property Management
12%
$882
CapEx
4%
$294
Vacancy
3%
$221
Maintenance
4%
$294
Other
11%
$809