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This property looks like a bad Mid-Term investment with a projected -11.72% first-year return on $223k initial cash invested.
-11.72%
Cash On Cash
3.75%
Cap Rate
0.62
DSCR
$6,891
Rent
-$2,182
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,891 income − $9,073 expenses = $2,182 out of pocket
Investment Breakdown
|
Purchase Price
$978k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$223k
Downpayment
20%
$196k
Closing costs
1%
$9,783
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,891
Total Expenses
$9,073
Mortgage P&I
72%
$4,966
Property Taxes
17%
$1,183
Home Insurance
5%
$359
HOA
3%
$221
Property Management
12%
$827
CapEx
4%
$276
Vacancy
3%
$207
Maintenance
4%
$276
Other
11%
$758