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This property looks like a bad Mid-Term investment with a projected -3.18% first-year return on $103k initial cash invested.
-3.18%
Cash On Cash
5.59%
Cap Rate
0.93
DSCR
$3,028
Rent
-$273
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,028 income − $3,301 expenses = $273 out of pocket
Investment Breakdown
|
Purchase Price
$404k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$80,840
Closing costs
1%
$4,042
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,028
Total Expenses
$3,301
Mortgage P&I
67%
$2,035
Property Taxes
3%
$94
Home Insurance
5%
$143
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333