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This property looks like a bad Mid-Term investment with a projected -7.09% first-year return on $107k initial cash invested.
-7.09%
Cash On Cash
5.05%
Cap Rate
0.78
DSCR
$3,303
Rent
-$632
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,303 income − $3,935 expenses = $632 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,800
Closing costs
1%
$4,240
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,303
Total Expenses
$3,935
Mortgage P&I
69%
$2,285
Property Taxes
11%
$379
Home Insurance
5%
$149
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363