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This property looks like a bad Mid-Term investment with a projected -13.79% first-year return on $225k initial cash invested.
-13.79%
Cash On Cash
3.83%
Cap Rate
0.57
DSCR
$6,252
Rent
-$2,590
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,252 income − $8,842 expenses = $2,590 out of pocket
Investment Breakdown
|
Purchase Price
$988k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$225k
Downpayment
20%
$198k
Closing costs
1%
$9,876
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,252
Total Expenses
$8,842
Mortgage P&I
88%
$5,496
Property Taxes
14%
$874
Home Insurance
6%
$346
HOA
0%
$0
Property Management
12%
$750
CapEx
4%
$250
Vacancy
3%
$188
Maintenance
4%
$250
Other
11%
$688