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This property looks like a bad Mid-Term investment with a projected -13.66% first-year return on $225k initial cash invested.
-13.66%
Cash On Cash
3.48%
Cap Rate
0.55
DSCR
$6,104
Rent
-$2,563
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,104 income − $8,667 expenses = $2,563 out of pocket
Investment Breakdown
|
Purchase Price
$986k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$225k
Downpayment
20%
$197k
Closing costs
1%
$9,862
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,104
Total Expenses
$8,667
Mortgage P&I
85%
$5,182
Property Taxes
16%
$983
Home Insurance
6%
$350
HOA
1%
$78
Property Management
12%
$732
CapEx
4%
$244
Vacancy
3%
$183
Maintenance
4%
$244
Other
11%
$671