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This property looks like a bad Mid-Term investment with a projected -8.8% first-year return on $223k initial cash invested.
-8.8%
Cash On Cash
4.21%
Cap Rate
0.71
DSCR
$6,549
Rent
-$1,636
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,549 income − $8,185 expenses = $1,636 out of pocket
Investment Breakdown
|
Purchase Price
$976k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$223k
Downpayment
20%
$195k
Closing costs
1%
$9,764
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,549
Total Expenses
$8,185
Mortgage P&I
73%
$4,797
Property Taxes
13%
$864
Home Insurance
5%
$298
HOA
0%
$0
Property Management
12%
$786
CapEx
4%
$262
Vacancy
3%
$196
Maintenance
4%
$262
Other
11%
$720