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This property looks like a bad Mid-Term investment with a projected -5.58% first-year return on $117k initial cash invested.
-5.58%
Cash On Cash
5.08%
Cap Rate
0.83
DSCR
$3,370
Rent
-$543
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,370 income − $3,913 expenses = $543 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,020
Closing costs
1%
$4,701
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,370
Total Expenses
$3,913
Mortgage P&I
71%
$2,399
Property Taxes
5%
$172
Home Insurance
6%
$196
HOA
0%
$0
Property Management
12%
$404
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371