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This property looks like a bad Mid-Term investment with a projected -2.56% first-year return on $124k initial cash invested.
-2.56%
Cash On Cash
6.14%
Cap Rate
0.97
DSCR
$4,412
Rent
-$264
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,412 income − $4,676 expenses = $264 out of pocket
Investment Breakdown
|
Purchase Price
$505k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$101k
Closing costs
1%
$5,047
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,412
Total Expenses
$4,676
Mortgage P&I
61%
$2,671
Property Taxes
4%
$188
Home Insurance
4%
$184
HOA
3%
$135
Property Management
12%
$529
CapEx
4%
$176
Vacancy
3%
$132
Maintenance
4%
$176
Other
11%
$485