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This property looks like a bad Mid-Term investment with a projected -9.97% first-year return on $291k initial cash invested.
-9.97%
Cash On Cash
4.06%
Cap Rate
0.68
DSCR
$7,668
Rent
-$2,418
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,668 income − $10,086 expenses = $2,418 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$291k
Downpayment
20%
$260k
Closing costs
1%
$13,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,668
Total Expenses
$10,086
Mortgage P&I
85%
$6,509
Property Taxes
5%
$355
Home Insurance
6%
$455
HOA
2%
$160
Property Management
12%
$920
CapEx
4%
$307
Vacancy
3%
$230
Maintenance
4%
$307
Other
11%
$843