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This property looks like a bad Mid-Term investment with a projected -17.42% first-year return on $222k initial cash invested.
-17.42%
Cash On Cash
2.14%
Cap Rate
0.36
DSCR
$3,993
Rent
-$3,218
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,993 income − $7,211 expenses = $3,218 out of pocket
Investment Breakdown
|
Purchase Price
$970k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$194k
Closing costs
1%
$9,699
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,993
Total Expenses
$7,211
Mortgage P&I
120%
$4,789
Property Taxes
18%
$724
Home Insurance
9%
$340
HOA
0%
$0
Property Management
12%
$479
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$439