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This property looks like a bad Mid-Term investment with a projected -7.68% first-year return on $121k initial cash invested.
-7.68%
Cash On Cash
4.51%
Cap Rate
0.74
DSCR
$3,050
Rent
-$771
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,050 income − $3,821 expenses = $771 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,620
Closing costs
1%
$4,881
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,050
Total Expenses
$3,821
Mortgage P&I
81%
$2,484
Property Taxes
4%
$126
Home Insurance
6%
$173
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336