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This property looks like a bad Mid-Term investment with a projected -2.14% first-year return on $121k initial cash invested.
-2.14%
Cash On Cash
5.89%
Cap Rate
0.98
DSCR
$4,023
Rent
-$215
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,023 income − $4,238 expenses = $215 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,640
Closing costs
1%
$4,882
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,023
Total Expenses
$4,238
Mortgage P&I
61%
$2,451
Property Taxes
6%
$260
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443