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This property looks like a bad Mid-Term investment with a projected -6.12% first-year return on $121k initial cash invested.
-6.12%
Cash On Cash
4.95%
Cap Rate
0.81
DSCR
$3,512
Rent
-$615
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,512 income − $4,127 expenses = $615 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,620
Closing costs
1%
$4,881
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,512
Total Expenses
$4,127
Mortgage P&I
71%
$2,489
Property Taxes
8%
$271
Home Insurance
5%
$175
HOA
0%
$0
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386