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This property looks like a bad Mid-Term investment with a projected -7.05% first-year return on $121k initial cash invested.
-7.05%
Cash On Cash
4.73%
Cap Rate
0.78
DSCR
$3,936
Rent
-$709
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,936 income − $4,645 expenses = $709 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,800
Closing costs
1%
$4,890
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,936
Total Expenses
$4,645
Mortgage P&I
63%
$2,480
Property Taxes
17%
$657
Home Insurance
4%
$171
HOA
0%
$0
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$433