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This property looks like a bad Mid-Term investment with a projected -5.83% first-year return on $270k initial cash invested.
-5.83%
Cash On Cash
5%
Cap Rate
0.83
DSCR
$8,013
Rent
-$1,312
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,013 income − $9,325 expenses = $1,312 out of pocket
Investment Breakdown
|
Purchase Price
$1200k
Downpayment
20.0%
Interest Rate
6.4%
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
$8,013
Total Expenses
$9,325
Mortgage P&I
75%
$5,995
Property Taxes
2%
$185
Home Insurance
5%
$420
HOA
0%
$0
Property Management
12%
$962
CapEx
4%
$321
Vacancy
3%
$240
Maintenance
4%
$321
Other
11%
$881