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This property looks like a bad Mid-Term investment with a projected -5.73% first-year return on $106k initial cash invested.
-5.73%
Cash On Cash
4.93%
Cap Rate
0.82
DSCR
$2,982
Rent
-$507
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,982 income − $3,489 expenses = $507 out of pocket
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
6.5%
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
$2,982
Total Expenses
$3,489
Mortgage P&I
71%
$2,113
Property Taxes
7%
$216
Home Insurance
5%
$147
HOA
0%
$0
Property Management
12%
$358
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$328