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This property looks like a bad Mid-Term investment with a projected -11.26% first-year return on $222k initial cash invested.
-11.26%
Cash On Cash
3.88%
Cap Rate
0.63
DSCR
$6,310
Rent
-$2,078
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,310 income − $8,388 expenses = $2,078 out of pocket
Investment Breakdown
|
Purchase Price
$969k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$194k
Closing costs
1%
$9,691
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,310
Total Expenses
$8,388
Mortgage P&I
79%
$4,959
Property Taxes
14%
$861
Home Insurance
5%
$341
HOA
1%
$83
Property Management
12%
$757
CapEx
4%
$252
Vacancy
3%
$189
Maintenance
4%
$252
Other
11%
$694