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This property looks like a bad Mid-Term investment with a projected -6.2% first-year return on $219k initial cash invested.
-6.2%
Cash On Cash
5.66%
Cap Rate
0.85
DSCR
$8,800
Rent
-$1,129
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,800 income − $9,929 expenses = $1,129 out of pocket
Investment Breakdown
|
Purchase Price
$955k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$219k
Downpayment
20%
$191k
Closing costs
1%
$9,550
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,800
Total Expenses
$9,929
Mortgage P&I
60%
$5,280
Property Taxes
10%
$901
Home Insurance
4%
$343
HOA
5%
$413
Property Management
12%
$1,056
CapEx
4%
$352
Vacancy
3%
$264
Maintenance
4%
$352
Other
11%
$968