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This property looks like a bad Mid-Term investment with a projected -14.51% first-year return on $270k initial cash invested.
-14.51%
Cash On Cash
3.03%
Cap Rate
0.5
DSCR
$6,110
Rent
-$3,265
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,110 income − $9,375 expenses = $3,265 out of pocket
Investment Breakdown
|
Purchase Price
$1200k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$270k
Downpayment
20%
$240k
Closing costs
1%
$12,000
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,110
Total Expenses
$9,375
Mortgage P&I
99%
$6,054
Property Taxes
8%
$470
Home Insurance
7%
$420
HOA
6%
$355
Property Management
12%
$733
CapEx
4%
$244
Vacancy
3%
$183
Maintenance
4%
$244
Other
11%
$672