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This property looks like a bad Mid-Term investment with a projected -6.62% first-year return on $288k initial cash invested.
-6.62%
Cash On Cash
4.74%
Cap Rate
0.8
DSCR
$8,300
Rent
-$1,587
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,300 income − $9,887 expenses = $1,587 out of pocket
Investment Breakdown
|
Purchase Price
$1284k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$288k
Downpayment
20%
$257k
Closing costs
1%
$12,839
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,300
Total Expenses
$9,887
Mortgage P&I
76%
$6,326
Property Taxes
3%
$284
Home Insurance
5%
$455
HOA
0%
$0
Property Management
12%
$996
CapEx
4%
$332
Vacancy
3%
$249
Maintenance
4%
$332
Other
11%
$913