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This property looks like a bad Mid-Term investment with a projected -12.15% first-year return on $218k initial cash invested.
-12.15%
Cash On Cash
3.5%
Cap Rate
0.58
DSCR
$4,582
Rent
-$2,202
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,582 income − $6,784 expenses = $2,202 out of pocket
Investment Breakdown
|
Purchase Price
$950k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$218k
Downpayment
20%
$190k
Closing costs
1%
$9,500
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,582
Total Expenses
$6,784
Mortgage P&I
105%
$4,789
Property Taxes
2%
$106
Home Insurance
7%
$332
HOA
0%
$0
Property Management
12%
$550
CapEx
4%
$183
Vacancy
3%
$137
Maintenance
4%
$183
Other
11%
$504