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This property looks like a bad Mid-Term investment with a projected -17.27% first-year return on $291k initial cash invested.
-17.27%
Cash On Cash
2.38%
Cap Rate
0.4
DSCR
$6,225
Rent
-$4,186
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,225 income − $10,411 expenses = $4,186 out of pocket
Investment Breakdown
|
Purchase Price
$1299k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$291k
Downpayment
20%
$260k
Closing costs
1%
$12,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,225
Total Expenses
$10,411
Mortgage P&I
105%
$6,518
Property Taxes
21%
$1,321
Home Insurance
7%
$455
HOA
0%
$0
Property Management
12%
$747
CapEx
4%
$249
Vacancy
3%
$187
Maintenance
4%
$249
Other
11%
$685