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This property looks like a bad Mid-Term investment with a projected -2.24% first-year return on $146k initial cash invested.
-2.24%
Cash On Cash
5.93%
Cap Rate
0.98
DSCR
$5,440
Rent
-$272
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,440 income − $5,712 expenses = $272 out of pocket
Investment Breakdown
|
Purchase Price
$608k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$146k
Downpayment
20%
$122k
Closing costs
1%
$6,078
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,440
Total Expenses
$5,712
Mortgage P&I
56%
$3,056
Property Taxes
11%
$593
Home Insurance
4%
$213
HOA
0%
$0
Property Management
12%
$653
CapEx
4%
$218
Vacancy
3%
$163
Maintenance
4%
$218
Other
11%
$598