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This property looks like a bad Mid-Term investment with a projected -7.09% first-year return on $316k initial cash invested.
-7.09%
Cash On Cash
4.62%
Cap Rate
0.78
DSCR
$8,763
Rent
-$1,868
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,763 income − $10,631 expenses = $1,868 out of pocket
Investment Breakdown
|
Purchase Price
$1420k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$316k
Downpayment
20%
$284k
Closing costs
1%
$14,200
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,763
Total Expenses
$10,631
Mortgage P&I
80%
$6,979
Property Taxes
2%
$174
Home Insurance
6%
$497
HOA
0%
$0
Property Management
12%
$1,052
CapEx
4%
$351
Vacancy
3%
$263
Maintenance
4%
$351
Other
11%
$964