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This property looks like a bad Mid-Term investment with a projected -14.88% first-year return on $220k initial cash invested.
-14.88%
Cash On Cash
2.94%
Cap Rate
0.48
DSCR
$5,478
Rent
-$2,734
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,478 income − $8,212 expenses = $2,734 out of pocket
Investment Breakdown
|
Purchase Price
$964k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$220k
Downpayment
20%
$193k
Closing costs
1%
$9,642
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,478
Total Expenses
$8,212
Mortgage P&I
89%
$4,881
Property Taxes
20%
$1,093
Home Insurance
7%
$376
HOA
0%
$0
Property Management
12%
$657
CapEx
4%
$219
Vacancy
3%
$164
Maintenance
4%
$219
Other
11%
$603