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This property looks like a bad Mid-Term investment with a projected -1.3% first-year return on $149k initial cash invested.
-1.3%
Cash On Cash
6.09%
Cap Rate
1.03
DSCR
$6,160
Rent
-$161
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,160 income − $6,321 expenses = $161 out of pocket
Investment Breakdown
|
Purchase Price
$623k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$125k
Closing costs
1%
$6,230
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,160
Total Expenses
$6,321
Mortgage P&I
50%
$3,076
Property Taxes
15%
$923
Home Insurance
4%
$228
HOA
0%
$0
Property Management
12%
$739
CapEx
4%
$246
Vacancy
3%
$185
Maintenance
4%
$246
Other
11%
$678