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This property looks like a bad Mid-Term investment with a projected -0.04% first-year return on $144k initial cash invested.
-0.04%
Cash On Cash
6.5%
Cap Rate
1.08
DSCR
$6,216
Rent
-$5
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,216 income − $6,221 expenses = $5 out of pocket
Investment Breakdown
|
Purchase Price
$600k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$120k
Closing costs
1%
$5,999
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$6,216
Total Expenses
$6,221
Mortgage P&I
48%
$3,006
Property Taxes
14%
$891
Home Insurance
3%
$210
HOA
0%
$0
Property Management
12%
$746
CapEx
4%
$249
Vacancy
3%
$186
Maintenance
4%
$249
Other
11%
$684