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This property looks like a bad Mid-Term investment with a projected -8.7% first-year return on $330k initial cash invested.
-8.7%
Cash On Cash
4.43%
Cap Rate
0.73
DSCR
$8,894
Rent
-$2,396
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,894 income − $11,290 expenses = $2,396 out of pocket
Investment Breakdown
|
Purchase Price
$1488k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$330k
Downpayment
20%
$298k
Closing costs
1%
$14,880
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,894
Total Expenses
$11,290
Mortgage P&I
85%
$7,532
Property Taxes
2%
$213
Home Insurance
6%
$521
HOA
0%
$0
Property Management
12%
$1,067
CapEx
4%
$356
Vacancy
3%
$267
Maintenance
4%
$356
Other
11%
$978