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This property looks like a bad Mid-Term investment with a projected -15.95% first-year return on $222k initial cash invested.
-15.95%
Cash On Cash
2.64%
Cap Rate
0.44
DSCR
$5,026
Rent
-$2,945
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,026 income − $7,971 expenses = $2,945 out of pocket
Investment Breakdown
|
Purchase Price
$970k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$194k
Closing costs
1%
$9,696
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,026
Total Expenses
$7,971
Mortgage P&I
97%
$4,877
Property Taxes
18%
$891
Home Insurance
8%
$402
HOA
2%
$92
Property Management
12%
$603
CapEx
4%
$201
Vacancy
3%
$151
Maintenance
4%
$201
Other
11%
$553