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This property looks like a bad Mid-Term investment with a projected -14.58% first-year return on $141k initial cash invested.
-14.58%
Cash On Cash
2.9%
Cap Rate
0.48
DSCR
$3,801
Rent
-$1,709
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,801 income − $5,510 expenses = $1,709 out of pocket
Investment Breakdown
|
Purchase Price
$584k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$141k
Downpayment
20%
$117k
Closing costs
1%
$5,843
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,801
Total Expenses
$5,510
Mortgage P&I
78%
$2,967
Property Taxes
25%
$953
Home Insurance
6%
$210
HOA
2%
$88
Property Management
12%
$456
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$418