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This property looks like a bad Mid-Term investment with a projected -9.39% first-year return on $232k initial cash invested.
-9.39%
Cash On Cash
4.28%
Cap Rate
0.7
DSCR
$7,292
Rent
-$1,816
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,292 income − $9,108 expenses = $1,816 out of pocket
Investment Breakdown
|
Purchase Price
$1019k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$232k
Downpayment
20%
$204k
Closing costs
1%
$10,190
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,292
Total Expenses
$9,108
Mortgage P&I
71%
$5,160
Property Taxes
15%
$1,111
Home Insurance
5%
$357
HOA
0%
$0
Property Management
12%
$875
CapEx
4%
$292
Vacancy
3%
$219
Maintenance
4%
$292
Other
11%
$802