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This property looks like a bad Mid-Term investment with a projected -9.1% first-year return on $108k initial cash invested.
-9.1%
Cash On Cash
4.03%
Cap Rate
0.67
DSCR
$2,434
Rent
-$820
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,434 income − $3,254 expenses = $820 out of pocket
Investment Breakdown
|
Purchase Price
$429k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,800
Closing costs
1%
$4,290
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,434
Total Expenses
$3,254
Mortgage P&I
89%
$2,163
Property Taxes
5%
$114
Home Insurance
6%
$150
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268