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This property looks like a bad Mid-Term investment with a projected -8.67% first-year return on $107k initial cash invested.
-8.67%
Cash On Cash
4.81%
Cap Rate
0.72
DSCR
$2,958
Rent
-$773
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,958 income − $3,731 expenses = $773 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,760
Closing costs
1%
$4,238
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,958
Total Expenses
$3,731
Mortgage P&I
80%
$2,353
Property Taxes
8%
$223
Home Insurance
5%
$150
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325