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This property looks like a bad Mid-Term investment with a projected -7.3% first-year return on $224k initial cash invested.
-7.3%
Cash On Cash
4.69%
Cap Rate
0.78
DSCR
$7,364
Rent
-$1,360
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,364 income − $8,724 expenses = $1,360 out of pocket
Investment Breakdown
|
Purchase Price
$979k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,794
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,364
Total Expenses
$8,724
Mortgage P&I
66%
$4,895
Property Taxes
13%
$974
Home Insurance
5%
$350
HOA
0%
$0
Property Management
12%
$884
CapEx
4%
$295
Vacancy
3%
$221
Maintenance
4%
$295
Other
11%
$810