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This property looks like a bad Mid-Term investment with a projected -6.61% first-year return on $141k initial cash invested.
-6.61%
Cash On Cash
4.66%
Cap Rate
0.78
DSCR
$3,606
Rent
-$776
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,606 income − $4,382 expenses = $776 out of pocket
Investment Breakdown
|
Purchase Price
$585k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$141k
Downpayment
20%
$117k
Closing costs
1%
$5,850
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,606
Total Expenses
$4,382
Mortgage P&I
81%
$2,903
Property Taxes
1%
$48
Home Insurance
6%
$205
HOA
0%
$0
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397