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This property looks like a bad Mid-Term investment with a projected -7.24% first-year return on $217k initial cash invested.
-7.24%
Cash On Cash
4.63%
Cap Rate
0.78
DSCR
$6,987
Rent
-$1,308
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,987 income − $8,295 expenses = $1,308 out of pocket
Investment Breakdown
|
Purchase Price
$946k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$217k
Downpayment
20%
$189k
Closing costs
1%
$9,463
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,987
Total Expenses
$8,295
Mortgage P&I
67%
$4,682
Property Taxes
6%
$443
Home Insurance
5%
$332
HOA
7%
$463
Property Management
12%
$838
CapEx
4%
$279
Vacancy
3%
$210
Maintenance
4%
$279
Other
11%
$769