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This property looks like a bad Mid-Term investment with a projected -11.5% first-year return on $222k initial cash invested.
-11.5%
Cash On Cash
3.73%
Cap Rate
0.61
DSCR
$5,740
Rent
-$2,122
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,740 income − $7,862 expenses = $2,122 out of pocket
Investment Breakdown
|
Purchase Price
$969k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$194k
Closing costs
1%
$9,691
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,740
Total Expenses
$7,862
Mortgage P&I
85%
$4,907
Property Taxes
12%
$662
Home Insurance
6%
$341
HOA
0%
$0
Property Management
12%
$689
CapEx
4%
$230
Vacancy
3%
$172
Maintenance
4%
$230
Other
11%
$631