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This property looks like a bad Mid-Term investment with a projected -3.35% first-year return on $103k initial cash invested.
-3.35%
Cash On Cash
5.69%
Cap Rate
0.92
DSCR
$3,246
Rent
-$288
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,246 income − $3,534 expenses = $288 out of pocket
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,140
Closing costs
1%
$4,057
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,246
Total Expenses
$3,534
Mortgage P&I
64%
$2,083
Property Taxes
6%
$200
Home Insurance
5%
$147
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357