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This property looks like a bad Mid-Term investment with a projected -15.18% first-year return on $289k initial cash invested.
-15.18%
Cash On Cash
2.9%
Cap Rate
0.48
DSCR
$7,172
Rent
-$3,654
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,172 income − $10,826 expenses = $3,654 out of pocket
Investment Breakdown
|
Purchase Price
$1290k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$289k
Downpayment
20%
$258k
Closing costs
1%
$12,900
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,172
Total Expenses
$10,826
Mortgage P&I
90%
$6,481
Property Taxes
20%
$1,442
Home Insurance
6%
$464
HOA
0%
$0
Property Management
12%
$861
CapEx
4%
$287
Vacancy
3%
$215
Maintenance
4%
$287
Other
11%
$789