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This property looks like a bad Mid-Term investment with a projected -7.22% first-year return on $121k initial cash invested.
-7.22%
Cash On Cash
4.5%
Cap Rate
0.75
DSCR
$3,250
Rent
-$730
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,250 income − $3,980 expenses = $730 out of pocket
Investment Breakdown
|
Purchase Price
$492k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$98,400
Closing costs
1%
$4,920
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,250
Total Expenses
$3,980
Mortgage P&I
75%
$2,445
Property Taxes
6%
$198
Home Insurance
5%
$172
HOA
2%
$59
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358