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This property looks like a bad Mid-Term investment with a projected -1.07% first-year return on $102k initial cash invested.
-1.07%
Cash On Cash
6.22%
Cap Rate
1.02
DSCR
$3,410
Rent
-$91
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,410 income − $3,501 expenses = $91 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,000
Closing costs
1%
$4,000
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,410
Total Expenses
$3,501
Mortgage P&I
60%
$2,030
Property Taxes
5%
$173
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375