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This property looks like a bad Mid-Term investment with a projected -2.41% first-year return on $121k initial cash invested.
-2.41%
Cash On Cash
5.83%
Cap Rate
0.96
DSCR
$3,754
Rent
-$243
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,754 income − $3,997 expenses = $243 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,999
Closing costs
1%
$4,900
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,754
Total Expenses
$3,997
Mortgage P&I
66%
$2,472
Property Taxes
2%
$77
Home Insurance
5%
$172
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$413