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This property looks like a bad Mid-Term investment with a projected -4.8% first-year return on $98,829 initial cash invested.
-4.8%
Cash On Cash
5.7%
Cap Rate
0.87
DSCR
$2,990
Rent
-$395
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,990 income − $3,385 expenses = $395 out of pocket
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,829
Downpayment
20%
$76,980
Closing costs
1%
$3,849
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,990
Total Expenses
$3,385
Mortgage P&I
70%
$2,103
Property Taxes
4%
$129
Home Insurance
5%
$135
HOA
0%
$0
Property Management
12%
$359
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$329