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This property looks like a bad Mid-Term investment with a projected -11.67% first-year return on $224k initial cash invested.
-11.67%
Cash On Cash
4.13%
Cap Rate
0.63
DSCR
$5,488
Rent
-$2,174
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,488 income − $7,662 expenses = $2,174 out of pocket
Investment Breakdown
|
Purchase Price
$979k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,790
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,488
Total Expenses
$7,662
Mortgage P&I
97%
$5,324
Property Taxes
2%
$127
Home Insurance
6%
$343
HOA
0%
$0
Property Management
12%
$659
CapEx
4%
$220
Vacancy
3%
$165
Maintenance
4%
$220
Other
11%
$604