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This property looks like a bad Mid-Term investment with a projected -5.94% first-year return on $242k initial cash invested.
-5.94%
Cash On Cash
5.07%
Cap Rate
0.84
DSCR
$8,270
Rent
-$1,200
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,270 income − $9,470 expenses = $1,200 out of pocket
Investment Breakdown
|
Purchase Price
$1069k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$242k
Downpayment
20%
$214k
Closing costs
1%
$10,685
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,270
Total Expenses
$9,470
Mortgage P&I
65%
$5,386
Property Taxes
10%
$829
Home Insurance
5%
$385
HOA
1%
$58
Property Management
12%
$992
CapEx
4%
$331
Vacancy
3%
$248
Maintenance
4%
$331
Other
11%
$910