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This property looks like a bad Mid-Term investment with a projected -2.98% first-year return on $121k initial cash invested.
-2.98%
Cash On Cash
5.71%
Cap Rate
0.95
DSCR
$4,292
Rent
-$300
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,292 income − $4,592 expenses = $300 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,960
Closing costs
1%
$4,898
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,292
Total Expenses
$4,592
Mortgage P&I
57%
$2,459
Property Taxes
9%
$375
Home Insurance
4%
$172
HOA
3%
$126
Property Management
12%
$515
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$472