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This property looks like a bad Mid-Term investment with a projected -2.72% first-year return on $217k initial cash invested.
-2.72%
Cash On Cash
5.79%
Cap Rate
0.97
DSCR
$8,241
Rent
-$492
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,241 income − $8,733 expenses = $492 out of pocket
Investment Breakdown
|
Purchase Price
$946k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$217k
Downpayment
20%
$189k
Closing costs
1%
$9,461
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,241
Total Expenses
$8,733
Mortgage P&I
57%
$4,727
Property Taxes
10%
$858
Home Insurance
4%
$345
HOA
0%
$0
Property Management
12%
$989
CapEx
4%
$330
Vacancy
3%
$247
Maintenance
4%
$330
Other
11%
$907