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This property looks like a bad Mid-Term investment with a projected -12.06% first-year return on $247k initial cash invested.
-12.06%
Cash On Cash
3.6%
Cap Rate
0.59
DSCR
$6,288
Rent
-$2,486
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,288 income − $8,774 expenses = $2,486 out of pocket
Investment Breakdown
|
Purchase Price
$1092k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$247k
Downpayment
20%
$218k
Closing costs
1%
$10,924
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,288
Total Expenses
$8,774
Mortgage P&I
88%
$5,508
Property Taxes
12%
$741
Home Insurance
6%
$385
HOA
0%
$0
Property Management
12%
$755
CapEx
4%
$252
Vacancy
3%
$189
Maintenance
4%
$252
Other
11%
$692