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This property looks like a bad Mid-Term investment with a projected -2.78% first-year return on $141k initial cash invested.
-2.78%
Cash On Cash
5.7%
Cap Rate
0.95
DSCR
$4,650
Rent
-$327
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,650 income − $4,977 expenses = $327 out of pocket
Investment Breakdown
|
Purchase Price
$587k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$141k
Downpayment
20%
$117k
Closing costs
1%
$5,867
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,650
Total Expenses
$4,977
Mortgage P&I
63%
$2,926
Property Taxes
6%
$264
Home Insurance
4%
$205
HOA
0%
$0
Property Management
12%
$558
CapEx
4%
$186
Vacancy
3%
$140
Maintenance
4%
$186
Other
11%
$512