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This property looks like a bad Mid-Term investment with a projected -5.07% first-year return on $141k initial cash invested.
-5.07%
Cash On Cash
5.07%
Cap Rate
0.85
DSCR
$4,152
Rent
-$597
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,152 income − $4,749 expenses = $597 out of pocket
Investment Breakdown
|
Purchase Price
$588k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$141k
Downpayment
20%
$118k
Closing costs
1%
$5,878
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,152
Total Expenses
$4,749
Mortgage P&I
70%
$2,916
Property Taxes
5%
$216
Home Insurance
5%
$205
HOA
0%
$0
Property Management
12%
$498
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457