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This property looks like a bad Mid-Term investment with a projected -3.67% first-year return on $274k initial cash invested.
-3.67%
Cash On Cash
5.53%
Cap Rate
0.92
DSCR
$9,304
Rent
-$838
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,304 income − $10,142 expenses = $838 out of pocket
Investment Breakdown
|
Purchase Price
$1220k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$274k
Downpayment
20%
$244k
Closing costs
1%
$12,200
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,304
Total Expenses
$10,142
Mortgage P&I
65%
$6,089
Property Taxes
5%
$464
Home Insurance
5%
$427
HOA
0%
$0
Property Management
12%
$1,116
CapEx
4%
$372
Vacancy
3%
$279
Maintenance
4%
$372
Other
11%
$1,023