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This property looks like a bad Mid-Term investment with a projected -2.79% first-year return on $196k initial cash invested.
-2.79%
Cash On Cash
5.75%
Cap Rate
0.95
DSCR
$6,412
Rent
-$457
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,412 income − $6,869 expenses = $457 out of pocket
Investment Breakdown
|
Purchase Price
$850k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$196k
Downpayment
20%
$170k
Closing costs
1%
$8,499
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,412
Total Expenses
$6,869
Mortgage P&I
67%
$4,274
Property Taxes
2%
$119
Home Insurance
5%
$298
HOA
0%
$0
Property Management
12%
$769
CapEx
4%
$256
Vacancy
3%
$192
Maintenance
4%
$256
Other
11%
$705