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This property looks like a bad Mid-Term investment with a projected -2.62% first-year return on $144k initial cash invested.
-2.62%
Cash On Cash
5.64%
Cap Rate
0.96
DSCR
$4,593
Rent
-$315
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,593 income − $4,908 expenses = $315 out of pocket
Investment Breakdown
|
Purchase Price
$600k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$120k
Closing costs
1%
$6,000
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,593
Total Expenses
$4,908
Mortgage P&I
64%
$2,952
Property Taxes
3%
$116
Home Insurance
5%
$210
HOA
1%
$68
Property Management
12%
$551
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$505