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This property looks like a bad Mid-Term investment with a projected -10.56% first-year return on $224k initial cash invested.
-10.56%
Cash On Cash
4.47%
Cap Rate
0.68
DSCR
$7,058
Rent
-$1,967
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,058 income − $9,025 expenses = $1,967 out of pocket
Investment Breakdown
|
Purchase Price
$979k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,790
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,058
Total Expenses
$9,025
Mortgage P&I
76%
$5,329
Property Taxes
14%
$954
Home Insurance
5%
$343
HOA
0%
$0
Property Management
12%
$847
CapEx
4%
$282
Vacancy
3%
$212
Maintenance
4%
$282
Other
11%
$776