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This property looks like a bad Mid-Term investment with a projected -3.68% first-year return on $222k initial cash invested.
-3.68%
Cash On Cash
5.61%
Cap Rate
0.93
DSCR
$8,836
Rent
-$681
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,836 income − $9,517 expenses = $681 out of pocket
Investment Breakdown
|
Purchase Price
$971k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$194k
Closing costs
1%
$9,705
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,836
Total Expenses
$9,517
Mortgage P&I
55%
$4,862
Property Taxes
10%
$886
Home Insurance
9%
$766
HOA
0%
$0
Property Management
12%
$1,060
CapEx
4%
$353
Vacancy
3%
$265
Maintenance
4%
$353
Other
11%
$972