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This property looks like a bad Mid-Term investment with a projected -2.16% first-year return on $104k initial cash invested.
-2.16%
Cash On Cash
6.05%
Cap Rate
0.98
DSCR
$3,828
Rent
-$187
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,828 income − $4,015 expenses = $187 out of pocket
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,660
Closing costs
1%
$4,083
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,828
Total Expenses
$4,015
Mortgage P&I
55%
$2,093
Property Taxes
10%
$392
Home Insurance
4%
$144
HOA
2%
$85
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421