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This property looks like a bad Mid-Term investment with a projected -3.4% first-year return on $107k initial cash invested.
-3.4%
Cash On Cash
5.9%
Cap Rate
0.93
DSCR
$3,458
Rent
-$303
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,458 income − $3,761 expenses = $303 out of pocket
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,620
Closing costs
1%
$4,231
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,458
Total Expenses
$3,761
Mortgage P&I
65%
$2,247
Property Taxes
7%
$233
Home Insurance
3%
$106
HOA
0%
$0
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380