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This property looks like a bad Mid-Term investment with a projected -12.76% first-year return on $224k initial cash invested.
-12.76%
Cash On Cash
3.75%
Cap Rate
0.59
DSCR
$6,278
Rent
-$2,387
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,278 income − $8,665 expenses = $2,387 out of pocket
Investment Breakdown
|
Purchase Price
$983k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$197k
Closing costs
1%
$9,832
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,278
Total Expenses
$8,665
Mortgage P&I
83%
$5,206
Property Taxes
16%
$975
Home Insurance
6%
$350
HOA
0%
$0
Property Management
12%
$753
CapEx
4%
$251
Vacancy
3%
$188
Maintenance
4%
$251
Other
11%
$691