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This property looks like a bad Mid-Term investment with a projected -5.63% first-year return on $106k initial cash invested.
-5.63%
Cash On Cash
5.58%
Cap Rate
0.84
DSCR
$3,290
Rent
-$498
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,290 income − $3,788 expenses = $498 out of pocket
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,900
Closing costs
1%
$4,195
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,290
Total Expenses
$3,788
Mortgage P&I
70%
$2,318
Property Taxes
6%
$203
Home Insurance
4%
$147
HOA
0%
$0
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362