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This property looks like a bad Mid-Term investment with a projected -11.05% first-year return on $290k initial cash invested.
-11.05%
Cash On Cash
3.77%
Cap Rate
0.63
DSCR
$7,158
Rent
-$2,674
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,158 income − $9,832 expenses = $2,674 out of pocket
Investment Breakdown
|
Purchase Price
$1297k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$290k
Downpayment
20%
$259k
Closing costs
1%
$12,970
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,158
Total Expenses
$9,832
Mortgage P&I
90%
$6,462
Property Taxes
7%
$505
Home Insurance
6%
$432
HOA
0%
$0
Property Management
12%
$859
CapEx
4%
$286
Vacancy
3%
$215
Maintenance
4%
$286
Other
11%
$787