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This property looks like a bad Mid-Term investment with a projected -16.5% first-year return on $217k initial cash invested.
-16.5%
Cash On Cash
2.49%
Cap Rate
0.42
DSCR
$5,967
Rent
-$2,982
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,967 income − $8,949 expenses = $2,982 out of pocket
Investment Breakdown
|
Purchase Price
$947k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$217k
Downpayment
20%
$189k
Closing costs
1%
$9,468
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,967
Total Expenses
$8,949
Mortgage P&I
79%
$4,705
Property Taxes
23%
$1,372
Home Insurance
8%
$472
HOA
6%
$371
Property Management
12%
$716
CapEx
4%
$239
Vacancy
3%
$179
Maintenance
4%
$239
Other
11%
$656