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This property looks like a bad Mid-Term investment with a projected -2.5% first-year return on $122k initial cash invested.
-2.5%
Cash On Cash
5.55%
Cap Rate
0.96
DSCR
$3,903
Rent
-$254
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,903 income − $4,157 expenses = $254 out of pocket
Investment Breakdown
|
Purchase Price
$494k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$98,840
Closing costs
1%
$4,942
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,903
Total Expenses
$4,157
Mortgage P&I
61%
$2,382
Property Taxes
8%
$293
Home Insurance
4%
$156
HOA
0%
$0
Property Management
12%
$468
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$429