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This property looks like a bad Mid-Term investment with a projected -6.62% first-year return on $199k initial cash invested.
-6.62%
Cash On Cash
4.87%
Cap Rate
0.81
DSCR
$7,196
Rent
-$1,099
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,196 income − $8,295 expenses = $1,099 out of pocket
Investment Breakdown
|
Purchase Price
$862k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$199k
Downpayment
20%
$172k
Closing costs
1%
$8,623
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,196
Total Expenses
$8,295
Mortgage P&I
60%
$4,310
Property Taxes
16%
$1,169
Home Insurance
5%
$368
HOA
0%
$0
Property Management
12%
$864
CapEx
4%
$288
Vacancy
3%
$216
Maintenance
4%
$288
Other
11%
$792