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This property looks like a bad Mid-Term investment with a projected -2.6% first-year return on $124k initial cash invested.
-2.6%
Cash On Cash
5.75%
Cap Rate
0.97
DSCR
$4,602
Rent
-$269
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,602 income − $4,871 expenses = $269 out of pocket
Investment Breakdown
|
Purchase Price
$507k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$101k
Closing costs
1%
$5,065
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,602
Total Expenses
$4,871
Mortgage P&I
55%
$2,513
Property Taxes
13%
$616
Home Insurance
4%
$178
HOA
0%
$0
Property Management
12%
$552
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$506