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This property looks like a bad Mid-Term investment with a projected -16.92% first-year return on $222k initial cash invested.
-16.92%
Cash On Cash
2.32%
Cap Rate
0.39
DSCR
$3,582
Rent
-$3,126
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,582 income − $6,708 expenses = $3,126 out of pocket
Investment Breakdown
|
Purchase Price
$970k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$194k
Closing costs
1%
$9,700
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,582
Total Expenses
$6,708
Mortgage P&I
136%
$4,857
Property Taxes
8%
$294
Home Insurance
9%
$340
HOA
0%
$0
Property Management
12%
$430
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394