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This property looks like a bad Mid-Term investment with a projected -4.1% first-year return on $116k initial cash invested.
-4.1%
Cash On Cash
5.48%
Cap Rate
0.89
DSCR
$3,585
Rent
-$398
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,585 income − $3,983 expenses = $398 out of pocket
Investment Breakdown
|
Purchase Price
$469k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,740
Closing costs
1%
$4,687
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,585
Total Expenses
$3,983
Mortgage P&I
67%
$2,394
Property Taxes
7%
$233
Home Insurance
3%
$117
HOA
1%
$21
Property Management
12%
$430
CapEx
4%
$143
Vacancy
3%
$108
Maintenance
4%
$143
Other
11%
$394