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This property looks like a bad Mid-Term investment with a projected -10.4% first-year return on $294k initial cash invested.
-10.4%
Cash On Cash
4%
Cap Rate
0.67
DSCR
$8,872
Rent
-$2,544
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,872 income − $11,416 expenses = $2,544 out of pocket
Investment Breakdown
|
Purchase Price
$1312k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$294k
Downpayment
20%
$262k
Closing costs
1%
$13,120
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,872
Total Expenses
$11,416
Mortgage P&I
74%
$6,558
Property Taxes
9%
$794
Home Insurance
5%
$467
HOA
7%
$580
Property Management
12%
$1,065
CapEx
4%
$355
Vacancy
3%
$266
Maintenance
4%
$355
Other
11%
$976