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This property looks like a bad Mid-Term investment with a projected -10.13% first-year return on $244k initial cash invested.
-10.13%
Cash On Cash
3.92%
Cap Rate
0.66
DSCR
$7,048
Rent
-$2,063
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,048 income − $9,111 expenses = $2,063 out of pocket
Investment Breakdown
|
Purchase Price
$1078k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$244k
Downpayment
20%
$216k
Closing costs
1%
$10,780
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,048
Total Expenses
$9,111
Mortgage P&I
75%
$5,304
Property Taxes
15%
$1,026
Home Insurance
5%
$385
HOA
0%
$0
Property Management
12%
$846
CapEx
4%
$282
Vacancy
3%
$211
Maintenance
4%
$282
Other
11%
$775