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This property looks like a bad Mid-Term investment with a projected -7.07% first-year return on $218k initial cash invested.
-7.07%
Cash On Cash
4.89%
Cap Rate
0.79
DSCR
$7,022
Rent
-$1,281
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,022 income − $8,303 expenses = $1,281 out of pocket
Investment Breakdown
|
Purchase Price
$950k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$218k
Downpayment
20%
$190k
Closing costs
1%
$9,500
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,022
Total Expenses
$8,303
Mortgage P&I
69%
$4,871
Property Taxes
10%
$712
Home Insurance
5%
$332
HOA
0%
$0
Property Management
12%
$843
CapEx
4%
$281
Vacancy
3%
$211
Maintenance
4%
$281
Other
11%
$772