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This property looks like a bad Mid-Term investment with a projected -18.73% first-year return on $223k initial cash invested.
-18.73%
Cash On Cash
1.98%
Cap Rate
0.32
DSCR
$2,948
Rent
-$3,476
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,948 income − $6,424 expenses = $3,476 out of pocket
Investment Breakdown
|
Purchase Price
$975k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$223k
Downpayment
20%
$195k
Closing costs
1%
$9,750
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,948
Total Expenses
$6,424
Mortgage P&I
169%
$4,968
Property Taxes
4%
$113
Home Insurance
12%
$341
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324