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This property looks like a bad Mid-Term investment with a projected -3.58% first-year return on $99,480 initial cash invested.
-3.58%
Cash On Cash
5.53%
Cap Rate
0.91
DSCR
$3,238
Rent
-$297
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,238 income − $3,535 expenses = $297 out of pocket
Investment Breakdown
|
Purchase Price
$388k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,480
Downpayment
20%
$77,600
Closing costs
1%
$3,880
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,238
Total Expenses
$3,535
Mortgage P&I
60%
$1,956
Property Taxes
11%
$341
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$356