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This property looks like a bad Mid-Term investment with a projected -2.79% first-year return on $103k initial cash invested.
-2.79%
Cash On Cash
5.7%
Cap Rate
0.96
DSCR
$3,747
Rent
-$240
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,747 income − $3,987 expenses = $240 out of pocket
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,280
Closing costs
1%
$4,064
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,747
Total Expenses
$3,987
Mortgage P&I
54%
$2,019
Property Taxes
10%
$390
Home Insurance
4%
$145
HOA
4%
$159
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412