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This property looks like a bad Mid-Term investment with a projected -6.29% first-year return on $142k initial cash invested.
-6.29%
Cash On Cash
4.7%
Cap Rate
0.79
DSCR
$3,698
Rent
-$743
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,698 income − $4,441 expenses = $743 out of pocket
Investment Breakdown
|
Purchase Price
$589k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$118k
Closing costs
1%
$5,890
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,698
Total Expenses
$4,441
Mortgage P&I
78%
$2,901
Property Taxes
2%
$76
Home Insurance
6%
$206
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407