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This property looks like a bad Mid-Term investment with a projected -2.31% first-year return on $103k initial cash invested.
-2.31%
Cash On Cash
5.74%
Cap Rate
0.97
DSCR
$3,255
Rent
-$198
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,255 income − $3,453 expenses = $198 out of pocket
Investment Breakdown
|
Purchase Price
$405k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,000
Closing costs
1%
$4,050
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,255
Total Expenses
$3,453
Mortgage P&I
62%
$2,006
Property Taxes
5%
$174
Home Insurance
4%
$142
HOA
1%
$24
Property Management
12%
$391
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358