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This property looks like a bad Mid-Term investment with a projected -2.34% first-year return on $122k initial cash invested.
-2.34%
Cash On Cash
6.24%
Cap Rate
0.98
DSCR
$4,430
Rent
-$237
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,430 income − $4,667 expenses = $237 out of pocket
Investment Breakdown
|
Purchase Price
$493k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$98,620
Closing costs
1%
$4,931
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,430
Total Expenses
$4,667
Mortgage P&I
59%
$2,623
Property Taxes
7%
$331
Home Insurance
4%
$182
HOA
1%
$25
Property Management
12%
$532
CapEx
4%
$177
Vacancy
3%
$133
Maintenance
4%
$177
Other
11%
$487