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This property looks like a bad Mid-Term investment with a projected -20.61% first-year return on $229k initial cash invested.
-20.61%
Cash On Cash
2%
Cap Rate
0.31
DSCR
$3,028
Rent
-$3,937
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,028 income − $6,965 expenses = $3,937 out of pocket
Investment Breakdown
|
Purchase Price
$1006k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$229k
Downpayment
20%
$201k
Closing costs
1%
$10,059
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,028
Total Expenses
$6,965
Mortgage P&I
181%
$5,493
Property Taxes
3%
$93
Home Insurance
12%
$350
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333