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This property looks like a bad Mid-Term investment with a projected -3.39% first-year return on $124k initial cash invested.
-3.39%
Cash On Cash
5.6%
Cap Rate
0.92
DSCR
$3,669
Rent
-$350
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,669 income − $4,019 expenses = $350 out of pocket
Investment Breakdown
|
Purchase Price
$505k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$101k
Closing costs
1%
$5,049
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,669
Total Expenses
$4,019
Mortgage P&I
70%
$2,557
Property Taxes
0%
$4
Home Insurance
5%
$177
HOA
1%
$33
Property Management
12%
$440
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404