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This property looks like a bad Mid-Term investment with a projected -11.8% first-year return on $218k initial cash invested.
-11.8%
Cash On Cash
3.94%
Cap Rate
0.62
DSCR
$6,242
Rent
-$2,147
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,242 income − $8,389 expenses = $2,147 out of pocket
Investment Breakdown
|
Purchase Price
$954k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$218k
Downpayment
20%
$191k
Closing costs
1%
$9,544
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,242
Total Expenses
$8,389
Mortgage P&I
81%
$5,031
Property Taxes
14%
$894
Home Insurance
5%
$341
HOA
0%
$0
Property Management
12%
$749
CapEx
4%
$250
Vacancy
3%
$187
Maintenance
4%
$250
Other
11%
$687