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This property looks like a bad Mid-Term investment with a projected -2.08% first-year return on $103k initial cash invested.
-2.08%
Cash On Cash
5.97%
Cap Rate
0.98
DSCR
$3,372
Rent
-$178
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,372 income − $3,550 expenses = $178 out of pocket
Investment Breakdown
|
Purchase Price
$404k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$80,840
Closing costs
1%
$4,042
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,372
Total Expenses
$3,550
Mortgage P&I
61%
$2,054
Property Taxes
6%
$202
Home Insurance
4%
$147
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371