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This property looks like a bad Mid-Term investment with a projected -2.32% first-year return on $103k initial cash invested.
-2.32%
Cash On Cash
5.74%
Cap Rate
0.97
DSCR
$3,423
Rent
-$199
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,423 income − $3,622 expenses = $199 out of pocket
Investment Breakdown
|
Purchase Price
$404k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$80,720
Closing costs
1%
$4,036
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,423
Total Expenses
$3,622
Mortgage P&I
58%
$1,992
Property Taxes
9%
$304
Home Insurance
4%
$136
HOA
1%
$25
Property Management
12%
$411
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377