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This property looks like a bad Mid-Term investment with a projected -2.87% first-year return on $93,117 initial cash invested.
-2.87%
Cash On Cash
5.74%
Cap Rate
0.94
DSCR
$3,087
Rent
-$223
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,087 income − $3,310 expenses = $223 out of pocket
Investment Breakdown
|
Purchase Price
$358k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,117
Downpayment
20%
$71,540
Closing costs
1%
$3,577
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,087
Total Expenses
$3,310
Mortgage P&I
59%
$1,811
Property Taxes
10%
$295
Home Insurance
4%
$130
HOA
1%
$25
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$93
Maintenance
4%
$123
Other
11%
$340