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This property looks like a bad Mid-Term investment with a projected -6.83% first-year return on $121k initial cash invested.
-6.83%
Cash On Cash
4.79%
Cap Rate
0.78
DSCR
$3,580
Rent
-$686
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,580 income − $4,266 expenses = $686 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%
$97,660
Closing costs
1%
$4,883
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,580
Total Expenses
$4,266
Mortgage P&I
70%
$2,492
Property Taxes
11%
$382
Home Insurance
5%
$175
HOA
0%
$0
Property Management
12%
$430
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394