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This property looks like a bad Mid-Term investment with a projected -7.64% first-year return on $104k initial cash invested.
-7.64%
Cash On Cash
4.48%
Cap Rate
0.74
DSCR
$3,244
Rent
-$660
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,244 income − $3,904 expenses = $660 out of pocket
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,600
Closing costs
1%
$4,080
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,244
Total Expenses
$3,904
Mortgage P&I
63%
$2,054
Property Taxes
11%
$341
Home Insurance
4%
$131
HOA
8%
$275
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357