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This property looks like a bad Mid-Term investment with a projected -13.36% first-year return on $247k initial cash invested.
-13.36%
Cash On Cash
3.39%
Cap Rate
0.55
DSCR
$6,222
Rent
-$2,754
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,222 income − $8,976 expenses = $2,754 out of pocket
Investment Breakdown
|
Purchase Price
$1093k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$247k
Downpayment
20%
$219k
Closing costs
1%
$10,926
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,222
Total Expenses
$8,976
Mortgage P&I
90%
$5,589
Property Taxes
10%
$620
Home Insurance
7%
$411
HOA
4%
$240
Property Management
12%
$747
CapEx
4%
$249
Vacancy
3%
$187
Maintenance
4%
$249
Other
11%
$684