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This property looks like a bad Mid-Term investment with a projected -6.23% first-year return on $104k initial cash invested.
-6.23%
Cash On Cash
4.72%
Cap Rate
0.79
DSCR
$2,996
Rent
-$538
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,996 income − $3,534 expenses = $538 out of pocket
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,580
Closing costs
1%
$4,079
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,996
Total Expenses
$3,534
Mortgage P&I
68%
$2,024
Property Taxes
11%
$326
Home Insurance
5%
$147
HOA
1%
$17
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330