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This property looks like a bad Mid-Term investment with a projected -27.56% first-year return on $1299k initial cash invested.
-27.56%
Cash On Cash
0.42%
Cap Rate
0.07
DSCR
$7,326
Rent
-$29,833
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,326 income − $37,159 expenses = $29,833 out of pocket
Investment Breakdown
|
Purchase Price
$6100k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$1299k
Downpayment
20%
$1220k
Closing costs
1%
$61,000
Rehab
0%
$0
Furnishing
0%
$18,000
Cashflow
Total Income
$7,326
Total Expenses
$37,159
Mortgage P&I
432%
$31,652
Property Taxes
12%
$881
Home Insurance
29%
$2,135
HOA
0%
$0
Property Management
12%
$879
CapEx
4%
$293
Vacancy
3%
$220
Maintenance
4%
$293
Other
11%
$806