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This property looks like a bad Mid-Term investment with a projected -3.37% first-year return on $204k initial cash invested.
-3.37%
Cash On Cash
5.59%
Cap Rate
0.94
DSCR
$7,370
Rent
-$573
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,370 income − $7,943 expenses = $573 out of pocket
Investment Breakdown
|
Purchase Price
$885k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$204k
Downpayment
20%
$177k
Closing costs
1%
$8,850
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,370
Total Expenses
$7,943
Mortgage P&I
60%
$4,400
Property Taxes
10%
$727
Home Insurance
4%
$310
HOA
0%
$0
Property Management
12%
$884
CapEx
4%
$295
Vacancy
3%
$221
Maintenance
4%
$295
Other
11%
$811