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This property looks like a bad Mid-Term investment with a projected -3.02% first-year return on $91,500 initial cash invested.
-3.02%
Cash On Cash
5.6%
Cap Rate
0.94
DSCR
$3,136
Rent
-$230
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,136 income − $3,366 expenses = $230 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,136
Total Expenses
$3,366
Mortgage P&I
55%
$1,737
Property Taxes
8%
$246
Home Insurance
4%
$122
HOA
6%
$196
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345