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This property looks like a bad Mid-Term investment with a projected -4.93% first-year return on $222k initial cash invested.
-4.93%
Cash On Cash
5.59%
Cap Rate
0.88
DSCR
$7,089
Rent
-$913
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,089 income − $8,002 expenses = $913 out of pocket
Investment Breakdown
|
Purchase Price
$973k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$195k
Closing costs
1%
$9,727
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,089
Total Expenses
$8,002
Mortgage P&I
73%
$5,158
Property Taxes
1%
$83
Home Insurance
5%
$349
HOA
0%
$0
Property Management
12%
$851
CapEx
4%
$284
Vacancy
3%
$213
Maintenance
4%
$284
Other
11%
$780