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This property looks like a bad Mid-Term investment with a projected -11.82% first-year return on $241k initial cash invested.
-11.82%
Cash On Cash
3.87%
Cap Rate
0.62
DSCR
$6,240
Rent
-$2,374
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,240 income − $8,614 expenses = $2,374 out of pocket
Investment Breakdown
|
Purchase Price
$1062k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$241k
Downpayment
20%
$212k
Closing costs
1%
$10,618
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,240
Total Expenses
$8,614
Mortgage P&I
89%
$5,545
Property Taxes
8%
$486
Home Insurance
6%
$383
HOA
1%
$78
Property Management
12%
$749
CapEx
4%
$250
Vacancy
3%
$187
Maintenance
4%
$250
Other
11%
$686