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This property looks like a bad Mid-Term investment with a projected -4.39% first-year return on $141k initial cash invested.
-4.39%
Cash On Cash
5.75%
Cap Rate
0.9
DSCR
$5,499
Rent
-$518
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,499 income − $6,017 expenses = $518 out of pocket
Investment Breakdown
|
Purchase Price
$588k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$141k
Downpayment
20%
$118k
Closing costs
1%
$5,879
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,499
Total Expenses
$6,017
Mortgage P&I
57%
$3,115
Property Taxes
15%
$822
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$660
CapEx
4%
$220
Vacancy
3%
$165
Maintenance
4%
$220
Other
11%
$605