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This property looks like a bad Mid-Term investment with a projected -4.11% first-year return on $120k initial cash invested.
-4.11%
Cash On Cash
5.39%
Cap Rate
0.89
DSCR
$3,760
Rent
-$413
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,760 income − $4,173 expenses = $413 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$97,600
Closing costs
1%
$4,880
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,760
Total Expenses
$4,173
Mortgage P&I
65%
$2,455
Property Taxes
7%
$265
Home Insurance
5%
$175
HOA
0%
$0
Property Management
12%
$451
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$414