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This property looks like a bad Mid-Term investment with a projected -10.57% first-year return on $227k initial cash invested.
-10.57%
Cash On Cash
3.9%
Cap Rate
0.65
DSCR
$6,033
Rent
-$2,002
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,033 income − $8,035 expenses = $2,002 out of pocket
Investment Breakdown
|
Purchase Price
$997k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$227k
Downpayment
20%
$199k
Closing costs
1%
$9,968
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,033
Total Expenses
$8,035
Mortgage P&I
83%
$5,002
Property Taxes
8%
$492
Home Insurance
6%
$350
HOA
2%
$140
Property Management
12%
$724
CapEx
4%
$241
Vacancy
3%
$181
Maintenance
4%
$241
Other
11%
$664