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This property looks like a bad Mid-Term investment with a projected -11.12% first-year return on $224k initial cash invested.
-11.12%
Cash On Cash
3.72%
Cap Rate
0.62
DSCR
$5,560
Rent
-$2,079
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,560 income − $7,639 expenses = $2,079 out of pocket
Investment Breakdown
|
Purchase Price
$982k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,822
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,560
Total Expenses
$7,639
Mortgage P&I
88%
$4,899
Property Taxes
9%
$501
Home Insurance
6%
$349
HOA
0%
$0
Property Management
12%
$667
CapEx
4%
$222
Vacancy
3%
$167
Maintenance
4%
$222
Other
11%
$612