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This property looks like a bad Mid-Term investment with a projected -3.34% first-year return on $114k initial cash invested.
-3.34%
Cash On Cash
5.6%
Cap Rate
0.93
DSCR
$3,672
Rent
-$317
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,672 income − $3,989 expenses = $317 out of pocket
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,180
Closing costs
1%
$4,559
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,672
Total Expenses
$3,989
Mortgage P&I
63%
$2,297
Property Taxes
8%
$282
Home Insurance
4%
$161
HOA
0%
$0
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404