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This property looks like a bad Mid-Term investment with a projected -5.97% first-year return on $199k initial cash invested.
-5.97%
Cash On Cash
4.9%
Cap Rate
0.83
DSCR
$6,099
Rent
-$988
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,099 income − $7,087 expenses = $988 out of pocket
Investment Breakdown
|
Purchase Price
$860k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$199k
Downpayment
20%
$172k
Closing costs
1%
$8,603
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,099
Total Expenses
$7,087
Mortgage P&I
70%
$4,256
Property Taxes
8%
$459
Home Insurance
5%
$298
HOA
0%
$0
Property Management
12%
$732
CapEx
4%
$244
Vacancy
3%
$183
Maintenance
4%
$244
Other
11%
$671