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This property looks like a bad Mid-Term investment with a projected -11.3% first-year return on $255k initial cash invested.
-11.3%
Cash On Cash
3.62%
Cap Rate
0.61
DSCR
$6,488
Rent
-$2,399
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,488 income − $8,887 expenses = $2,399 out of pocket
Investment Breakdown
|
Purchase Price
$1128k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$255k
Downpayment
20%
$226k
Closing costs
1%
$11,277
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,488
Total Expenses
$8,887
Mortgage P&I
85%
$5,540
Property Taxes
12%
$771
Home Insurance
6%
$368
HOA
0%
$0
Property Management
12%
$779
CapEx
4%
$260
Vacancy
3%
$195
Maintenance
4%
$260
Other
11%
$714