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This property looks like a bad Mid-Term investment with a projected -3.23% first-year return on $108k initial cash invested.
-3.23%
Cash On Cash
5.56%
Cap Rate
0.93
DSCR
$3,396
Rent
-$291
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,396 income − $3,687 expenses = $291 out of pocket
Investment Breakdown
|
Purchase Price
$429k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,700
Closing costs
1%
$4,285
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,396
Total Expenses
$3,687
Mortgage P&I
63%
$2,142
Property Taxes
6%
$203
Home Insurance
5%
$153
HOA
1%
$33
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374