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This property looks like a bad Mid-Term investment with a projected -2.9% first-year return on $108k initial cash invested.
-2.9%
Cash On Cash
5.62%
Cap Rate
0.94
DSCR
$3,428
Rent
-$261
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,428 income − $3,689 expenses = $261 out of pocket
Investment Breakdown
|
Purchase Price
$428k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,560
Closing costs
1%
$4,278
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,428
Total Expenses
$3,689
Mortgage P&I
62%
$2,126
Property Taxes
6%
$212
Home Insurance
5%
$184
HOA
0%
$2
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377