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This property looks like a bad Mid-Term investment with a projected -2.4% first-year return on $102k initial cash invested.
-2.4%
Cash On Cash
5.81%
Cap Rate
0.97
DSCR
$3,420
Rent
-$204
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,420 income − $3,624 expenses = $204 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,420
Total Expenses
$3,624
Mortgage P&I
59%
$2,002
Property Taxes
9%
$319
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$376