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This property looks like a bad Mid-Term investment with a projected -2.24% first-year return on $83,604 initial cash invested.
-2.24%
Cash On Cash
6.13%
Cap Rate
0.98
DSCR
$2,990
Rent
-$156
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,990 income − $3,146 expenses = $156 out of pocket
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,604
Downpayment
20%
$62,480
Closing costs
1%
$3,124
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,990
Total Expenses
$3,146
Mortgage P&I
55%
$1,633
Property Taxes
13%
$388
Home Insurance
4%
$107
HOA
0%
$0
Property Management
12%
$359
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$329