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This property looks like a bad Mid-Term investment with a projected -11.35% first-year return on $240k initial cash invested.
-11.35%
Cash On Cash
3.92%
Cap Rate
0.63
DSCR
$6,508
Rent
-$2,274
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,508 income − $8,782 expenses = $2,274 out of pocket
Investment Breakdown
|
Purchase Price
$1059k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$240k
Downpayment
20%
$212k
Closing costs
1%
$10,591
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,508
Total Expenses
$8,782
Mortgage P&I
84%
$5,472
Property Taxes
11%
$713
Home Insurance
6%
$385
HOA
0%
$0
Property Management
12%
$781
CapEx
4%
$260
Vacancy
3%
$195
Maintenance
4%
$260
Other
11%
$716