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This property looks like a bad Mid-Term investment with a projected -26.58% first-year return on $1278k initial cash invested.
-26.58%
Cash On Cash
0.4%
Cap Rate
0.07
DSCR
$6,717
Rent
-$28,305
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,717 income − $35,022 expenses = $28,305 out of pocket
Investment Breakdown
|
Purchase Price
$6000k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$1278k
Downpayment
20%
$1200k
Closing costs
1%
$60,000
Rehab
0%
$0
Furnishing
0%
$18,000
Cashflow
Total Income
$6,717
Total Expenses
$35,022
Mortgage P&I
447%
$30,024
Property Taxes
9%
$613
Home Insurance
31%
$2,100
HOA
0%
$0
Property Management
12%
$806
CapEx
4%
$269
Vacancy
3%
$202
Maintenance
4%
$269
Other
11%
$739