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This property looks like a bad Mid-Term investment with a projected -14.46% first-year return on $218k initial cash invested.
-14.46%
Cash On Cash
3.68%
Cap Rate
0.55
DSCR
$6,375
Rent
-$2,621
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,375 income − $8,996 expenses = $2,621 out of pocket
Investment Breakdown
|
Purchase Price
$950k
Downpayment
20.0%
Interest Rate
7.4%
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
$6,375
Total Expenses
$8,996
Mortgage P&I
83%
$5,282
Property Taxes
19%
$1,215
Home Insurance
5%
$332
HOA
0%
$0
Property Management
12%
$765
CapEx
4%
$255
Vacancy
3%
$191
Maintenance
4%
$255
Other
11%
$701