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This property looks like a bad Mid-Term investment with a projected -11.17% first-year return on $107k initial cash invested.
-11.17%
Cash On Cash
3.64%
Cap Rate
0.6
DSCR
$3,255
Rent
-$997
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,255 income − $4,252 expenses = $997 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,820
Closing costs
1%
$4,241
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,255
Total Expenses
$4,252
Mortgage P&I
66%
$2,152
Property Taxes
24%
$786
Home Insurance
5%
$152
HOA
2%
$55
Property Management
12%
$391
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358