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This property looks like a bad Mid-Term investment with a projected -5.38% first-year return on $108k initial cash invested.
-5.38%
Cash On Cash
5.63%
Cap Rate
0.85
DSCR
$3,388
Rent
-$484
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,388 income − $3,872 expenses = $484 out of pocket
Investment Breakdown
|
Purchase Price
$429k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,720
Closing costs
1%
$4,286
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,388
Total Expenses
$3,872
Mortgage P&I
70%
$2,360
Property Taxes
6%
$204
Home Insurance
5%
$154
HOA
0%
$0
Property Management
12%
$407
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$373