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This property looks like a bad Mid-Term investment with a projected -3.62% first-year return on $163k initial cash invested.
-3.62%
Cash On Cash
5.58%
Cap Rate
0.93
DSCR
$6,045
Rent
-$493
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,045 income − $6,538 expenses = $493 out of pocket
Investment Breakdown
|
Purchase Price
$693k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$163k
Downpayment
20%
$139k
Closing costs
1%
$6,926
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,045
Total Expenses
$6,538
Mortgage P&I
57%
$3,471
Property Taxes
13%
$767
Home Insurance
4%
$245
HOA
0%
$0
Property Management
12%
$725
CapEx
4%
$242
Vacancy
3%
$181
Maintenance
4%
$242
Other
11%
$665