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This property looks like a bad Mid-Term investment with a projected -3.23% first-year return on $114k initial cash invested.
-3.23%
Cash On Cash
5.6%
Cap Rate
0.93
DSCR
$3,660
Rent
-$308
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,660 income − $3,968 expenses = $308 out of pocket
Investment Breakdown
|
Purchase Price
$459k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,820
Closing costs
1%
$4,591
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,660
Total Expenses
$3,968
Mortgage P&I
63%
$2,305
Property Taxes
7%
$256
Home Insurance
4%
$163
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$403