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This property looks like a bad Mid-Term investment with a projected -23.11% first-year return on $224k initial cash invested.
-23.11%
Cash On Cash
1.18%
Cap Rate
0.19
DSCR
$3,970
Rent
-$4,308
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,970 income − $8,278 expenses = $4,308 out of pocket
Investment Breakdown
|
Purchase Price
$980k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,797
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,970
Total Expenses
$8,278
Mortgage P&I
129%
$5,116
Property Taxes
34%
$1,340
Home Insurance
12%
$472
HOA
0%
$0
Property Management
12%
$476
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437