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This property looks like a bad Mid-Term investment with a projected -20.46% first-year return on $223k initial cash invested.
-20.46%
Cash On Cash
1.43%
Cap Rate
0.24
DSCR
$2,244
Rent
-$3,798
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,244 income − $6,042 expenses = $3,798 out of pocket
Investment Breakdown
|
Purchase Price
$975k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$223k
Downpayment
20%
$195k
Closing costs
1%
$9,750
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,244
Total Expenses
$6,042
Mortgage P&I
217%
$4,866
Property Taxes
3%
$72
Home Insurance
15%
$341
HOA
0%
$0
Property Management
12%
$269
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247