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This property looks like a bad Mid-Term investment with a projected -5.07% first-year return on $291k initial cash invested.
-5.07%
Cash On Cash
5.24%
Cap Rate
0.87
DSCR
$10,341
Rent
-$1,229
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,341 income − $11,570 expenses = $1,229 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$291k
Downpayment
20%
$260k
Closing costs
1%
$13,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,341
Total Expenses
$11,570
Mortgage P&I
63%
$6,488
Property Taxes
11%
$1,110
Home Insurance
4%
$455
HOA
0%
$0
Property Management
12%
$1,241
CapEx
4%
$414
Vacancy
3%
$310
Maintenance
4%
$414
Other
11%
$1,138