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This property looks like a bad Mid-Term investment with a projected -23.24% first-year return on $241k initial cash invested.
-23.24%
Cash On Cash
0.88%
Cap Rate
0.15
DSCR
$2,560
Rent
-$4,660
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,560 income − $7,220 expenses = $4,660 out of pocket
Investment Breakdown
|
Purchase Price
$1060k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$241k
Downpayment
20%
$212k
Closing costs
1%
$10,600
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,560
Total Expenses
$7,220
Mortgage P&I
208%
$5,335
Property Taxes
24%
$619
Home Insurance
14%
$371
HOA
1%
$25
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$282