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This property looks like a bad Mid-Term investment with a projected -3.04% first-year return on $103k initial cash invested.
-3.04%
Cash On Cash
5.6%
Cap Rate
0.94
DSCR
$3,496
Rent
-$260
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,496 income − $3,756 expenses = $260 out of pocket
Investment Breakdown
|
Purchase Price
$403k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$80,620
Closing costs
1%
$4,031
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,496
Total Expenses
$3,756
Mortgage P&I
57%
$2,002
Property Taxes
12%
$416
Home Insurance
4%
$146
HOA
0%
$2
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385