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This property looks like a bad Mid-Term investment with a projected -12.95% first-year return on $224k initial cash invested.
-12.95%
Cash On Cash
3.39%
Cap Rate
0.56
DSCR
$5,722
Rent
-$2,414
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,722 income − $8,136 expenses = $2,414 out of pocket
Investment Breakdown
|
Purchase Price
$979k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,791
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,722
Total Expenses
$8,136
Mortgage P&I
87%
$4,955
Property Taxes
16%
$889
Home Insurance
6%
$346
HOA
0%
$0
Property Management
12%
$687
CapEx
4%
$229
Vacancy
3%
$172
Maintenance
4%
$229
Other
11%
$629