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This property looks like a bad Mid-Term investment with a projected -2.62% first-year return on $140k initial cash invested.
-2.62%
Cash On Cash
5.78%
Cap Rate
0.96
DSCR
$4,497
Rent
-$305
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,497 income − $4,802 expenses = $305 out of pocket
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$140k
Downpayment
20%
$116k
Closing costs
1%
$5,800
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,497
Total Expenses
$4,802
Mortgage P&I
65%
$2,917
Property Taxes
3%
$152
Home Insurance
5%
$203
HOA
0%
$0
Property Management
12%
$540
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$495