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This property looks like a bad Mid-Term investment with a projected -19.74% first-year return on $225k initial cash invested.
-19.74%
Cash On Cash
1.61%
Cap Rate
0.27
DSCR
$2,541
Rent
-$3,698
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,541 income − $6,239 expenses = $3,698 out of pocket
Investment Breakdown
|
Purchase Price
$985k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$225k
Downpayment
20%
$197k
Closing costs
1%
$9,850
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,541
Total Expenses
$6,239
Mortgage P&I
194%
$4,918
Property Taxes
4%
$111
Home Insurance
14%
$345
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280