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This property looks like a bad Mid-Term investment with a projected -6.38% first-year return on $106k initial cash invested.
-6.38%
Cash On Cash
4.85%
Cap Rate
0.8
DSCR
$3,406
Rent
-$565
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,406 income − $3,971 expenses = $565 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%
$84,000
Closing costs
1%
$4,200
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,406
Total Expenses
$3,971
Mortgage P&I
62%
$2,126
Property Taxes
16%
$540
Home Insurance
4%
$147
HOA
0%
$0
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375