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This property looks like a bad Mid-Term investment with a projected -11.76% first-year return on $270k initial cash invested.
-11.76%
Cash On Cash
3.58%
Cap Rate
0.6
DSCR
$6,648
Rent
-$2,643
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,648 income − $9,291 expenses = $2,643 out of pocket
Investment Breakdown
|
Purchase Price
$1199k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$270k
Downpayment
20%
$240k
Closing costs
1%
$11,990
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,648
Total Expenses
$9,291
Mortgage P&I
90%
$5,956
Property Taxes
10%
$655
Home Insurance
6%
$420
HOA
0%
$0
Property Management
12%
$798
CapEx
4%
$266
Vacancy
3%
$199
Maintenance
4%
$266
Other
11%
$731