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This property looks like a bad Mid-Term investment with a projected -8.9% first-year return on $346k initial cash invested.
-8.9%
Cash On Cash
4.39%
Cap Rate
0.72
DSCR
$9,354
Rent
-$2,567
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,354 income − $11,921 expenses = $2,567 out of pocket
Investment Breakdown
|
Purchase Price
$1563k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$346k
Downpayment
20%
$313k
Closing costs
1%
$15,630
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,354
Total Expenses
$11,921
Mortgage P&I
85%
$7,916
Property Taxes
3%
$265
Home Insurance
6%
$560
HOA
0%
$0
Property Management
12%
$1,122
CapEx
4%
$374
Vacancy
3%
$281
Maintenance
4%
$374
Other
11%
$1,029