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This property looks like a bad Mid-Term investment with a projected -11.51% first-year return on $220k initial cash invested.
-11.51%
Cash On Cash
3.9%
Cap Rate
0.63
DSCR
$6,297
Rent
-$2,110
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,297 income − $8,407 expenses = $2,110 out of pocket
Investment Breakdown
|
Purchase Price
$962k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$220k
Downpayment
20%
$192k
Closing costs
1%
$9,619
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,297
Total Expenses
$8,407
Mortgage P&I
79%
$4,986
Property Taxes
15%
$930
Home Insurance
6%
$349
HOA
0%
$0
Property Management
12%
$756
CapEx
4%
$252
Vacancy
3%
$189
Maintenance
4%
$252
Other
11%
$693