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This property looks like a bad Mid-Term investment with a projected -9.11% first-year return on $224k initial cash invested.
-9.11%
Cash On Cash
4.84%
Cap Rate
0.74
DSCR
$7,143
Rent
-$1,702
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,143 income − $8,845 expenses = $1,702 out of pocket
Investment Breakdown
|
Purchase Price
$982k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,815
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,143
Total Expenses
$8,845
Mortgage P&I
75%
$5,376
Property Taxes
6%
$449
Home Insurance
5%
$368
HOA
3%
$223
Property Management
12%
$857
CapEx
4%
$286
Vacancy
3%
$214
Maintenance
4%
$286
Other
11%
$786