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This property looks like a bad Mid-Term investment with a projected -11.27% first-year return on $222k initial cash invested.
-11.27%
Cash On Cash
3.68%
Cap Rate
0.62
DSCR
$6,144
Rent
-$2,090
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,144 income − $8,234 expenses = $2,090 out of pocket
Investment Breakdown
|
Purchase Price
$974k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$195k
Closing costs
1%
$9,737
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,144
Total Expenses
$8,234
Mortgage P&I
79%
$4,827
Property Taxes
16%
$982
Home Insurance
5%
$336
HOA
0%
$0
Property Management
12%
$737
CapEx
4%
$246
Vacancy
3%
$184
Maintenance
4%
$246
Other
11%
$676