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This property looks like a bad Mid-Term investment with a projected -13.05% first-year return on $224k initial cash invested.
-13.05%
Cash On Cash
3.47%
Cap Rate
0.56
DSCR
$5,778
Rent
-$2,434
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,778 income − $8,212 expenses = $2,434 out of pocket
Investment Breakdown
|
Purchase Price
$980k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,800
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,778
Total Expenses
$8,212
Mortgage P&I
87%
$5,039
Property Taxes
15%
$866
Home Insurance
6%
$343
HOA
0%
$0
Property Management
12%
$693
CapEx
4%
$231
Vacancy
3%
$173
Maintenance
4%
$231
Other
11%
$636