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This property looks like a bad Mid-Term investment with a projected -3.08% first-year return on $120k initial cash invested.
-3.08%
Cash On Cash
5.71%
Cap Rate
0.94
DSCR
$3,784
Rent
-$308
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,784 income − $4,092 expenses = $308 out of pocket
Investment Breakdown
|
Purchase Price
$487k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$97,320
Closing costs
1%
$4,866
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,784
Total Expenses
$4,092
Mortgage P&I
65%
$2,471
Property Taxes
4%
$163
Home Insurance
5%
$172
HOA
0%
$0
Property Management
12%
$454
CapEx
4%
$151
Vacancy
3%
$114
Maintenance
4%
$151
Other
11%
$416