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This property looks like a bad Mid-Term investment with a projected -2.1% first-year return on $103k initial cash invested.
-2.1%
Cash On Cash
5.79%
Cap Rate
0.97
DSCR
$3,168
Rent
-$181
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,168 income − $3,349 expenses = $181 out of pocket
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,240
Closing costs
1%
$4,062
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,168
Total Expenses
$3,349
Mortgage P&I
64%
$2,015
Property Taxes
4%
$112
Home Insurance
5%
$145
HOA
0%
$0
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$348