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This property looks like a bad Mid-Term investment with a projected -17.84% first-year return on $279k initial cash invested.
-17.84%
Cash On Cash
2.56%
Cap Rate
0.4
DSCR
$6,000
Rent
-$4,152
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,000 income − $10,152 expenses = $4,152 out of pocket
Investment Breakdown
|
Purchase Price
$1244k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$279k
Downpayment
20%
$249k
Closing costs
1%
$12,441
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,000
Total Expenses
$10,152
Mortgage P&I
110%
$6,570
Property Taxes
18%
$1,104
Home Insurance
7%
$438
HOA
0%
$0
Property Management
12%
$720
CapEx
4%
$240
Vacancy
3%
$180
Maintenance
4%
$240
Other
11%
$660