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This property looks like a bad Mid-Term investment with a projected -5.47% first-year return on $106k initial cash invested.
-5.47%
Cash On Cash
5.5%
Cap Rate
0.85
DSCR
$3,400
Rent
-$484
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,400 income − $3,884 expenses = $484 out of pocket
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,980
Closing costs
1%
$4,199
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,400
Total Expenses
$3,884
Mortgage P&I
67%
$2,274
Property Taxes
6%
$192
Home Insurance
4%
$147
HOA
3%
$115
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374