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This property looks like a bad Mid-Term investment with a projected -8.42% first-year return on $226k initial cash invested.
-8.42%
Cash On Cash
4.47%
Cap Rate
0.74
DSCR
$7,143
Rent
-$1,586
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,143 income − $8,729 expenses = $1,586 out of pocket
Investment Breakdown
|
Purchase Price
$990k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$226k
Downpayment
20%
$198k
Closing costs
1%
$9,900
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,143
Total Expenses
$8,729
Mortgage P&I
70%
$4,991
Property Taxes
13%
$959
Home Insurance
5%
$350
HOA
0%
$0
Property Management
12%
$857
CapEx
4%
$286
Vacancy
3%
$214
Maintenance
4%
$286
Other
11%
$786