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This property looks like a bad Mid-Term investment with a projected -10.98% first-year return on $223k initial cash invested.
-10.98%
Cash On Cash
3.89%
Cap Rate
0.64
DSCR
$6,280
Rent
-$2,042
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,280 income − $8,322 expenses = $2,042 out of pocket
Investment Breakdown
|
Purchase Price
$977k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$223k
Downpayment
20%
$195k
Closing costs
1%
$9,769
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,280
Total Expenses
$8,322
Mortgage P&I
79%
$4,958
Property Taxes
14%
$887
Home Insurance
5%
$342
HOA
0%
$0
Property Management
12%
$754
CapEx
4%
$251
Vacancy
3%
$188
Maintenance
4%
$251
Other
11%
$691