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This property looks like a bad Mid-Term investment with a projected -13% first-year return on $280k initial cash invested.
-13%
Cash On Cash
3.7%
Cap Rate
0.58
DSCR
$7,334
Rent
-$3,035
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,334 income − $10,369 expenses = $3,035 out of pocket
Investment Breakdown
|
Purchase Price
$1249k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$280k
Downpayment
20%
$250k
Closing costs
1%
$12,485
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,334
Total Expenses
$10,369
Mortgage P&I
90%
$6,593
Property Taxes
6%
$438
Home Insurance
6%
$453
HOA
5%
$392
Property Management
12%
$880
CapEx
4%
$293
Vacancy
3%
$220
Maintenance
4%
$293
Other
11%
$807