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This property looks like a bad Mid-Term investment with a projected -19.09% first-year return on $224k initial cash invested.
-19.09%
Cash On Cash
2.16%
Cap Rate
0.34
DSCR
$4,497
Rent
-$3,568
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,497 income − $8,065 expenses = $3,568 out of pocket
Investment Breakdown
|
Purchase Price
$982k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,822
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,497
Total Expenses
$8,065
Mortgage P&I
115%
$5,158
Property Taxes
20%
$891
Home Insurance
8%
$350
HOA
3%
$136
Property Management
12%
$540
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$495