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This property looks like a bad Mid-Term investment with a projected -6.13% first-year return on $225k initial cash invested.
-6.13%
Cash On Cash
4.92%
Cap Rate
0.82
DSCR
$6,492
Rent
-$1,149
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,492 income − $7,641 expenses = $1,149 out of pocket
Investment Breakdown
|
Purchase Price
$985k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$225k
Downpayment
20%
$197k
Closing costs
1%
$9,850
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,492
Total Expenses
$7,641
Mortgage P&I
76%
$4,926
Property Taxes
3%
$162
Home Insurance
5%
$345
HOA
0%
$0
Property Management
12%
$779
CapEx
4%
$260
Vacancy
3%
$195
Maintenance
4%
$260
Other
11%
$714