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This property looks like a bad Mid-Term investment with a projected -13.03% first-year return on $291k initial cash invested.
-13.03%
Cash On Cash
3.42%
Cap Rate
0.56
DSCR
$6,172
Rent
-$3,160
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,172 income − $9,332 expenses = $3,160 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$291k
Downpayment
20%
$260k
Closing costs
1%
$13,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,172
Total Expenses
$9,332
Mortgage P&I
107%
$6,616
Property Taxes
3%
$162
Home Insurance
7%
$455
HOA
0%
$0
Property Management
12%
$741
CapEx
4%
$247
Vacancy
3%
$185
Maintenance
4%
$247
Other
11%
$679