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This property looks like a bad Mid-Term investment with a projected -6.5% first-year return on $121k initial cash invested.
-6.5%
Cash On Cash
4.79%
Cap Rate
0.8
DSCR
$4,050
Rent
-$654
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,050 income − $4,704 expenses = $654 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,920
Closing costs
1%
$4,896
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,050
Total Expenses
$4,704
Mortgage P&I
60%
$2,446
Property Taxes
17%
$705
Home Insurance
4%
$175
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446