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This property looks like a bad Mid-Term investment with a projected -6.99% first-year return on $291k initial cash invested.
-6.99%
Cash On Cash
4.67%
Cap Rate
0.79
DSCR
$8,032
Rent
-$1,696
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,032 income − $9,728 expenses = $1,696 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$291k
Downpayment
20%
$260k
Closing costs
1%
$13,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,032
Total Expenses
$9,728
Mortgage P&I
80%
$6,437
Property Taxes
1%
$105
Home Insurance
6%
$455
HOA
0%
$0
Property Management
12%
$964
CapEx
4%
$321
Vacancy
3%
$241
Maintenance
4%
$321
Other
11%
$884