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This property looks like a bad Mid-Term investment with a projected -11.94% first-year return on $226k initial cash invested.
-11.94%
Cash On Cash
3.6%
Cap Rate
0.59
DSCR
$5,157
Rent
-$2,246
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,157 income − $7,403 expenses = $2,246 out of pocket
Investment Breakdown
|
Purchase Price
$989k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$226k
Downpayment
20%
$198k
Closing costs
1%
$9,890
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,157
Total Expenses
$7,403
Mortgage P&I
97%
$5,006
Property Taxes
5%
$248
Home Insurance
7%
$346
HOA
1%
$50
Property Management
12%
$619
CapEx
4%
$206
Vacancy
3%
$155
Maintenance
4%
$206
Other
11%
$567