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This property looks like a bad Mid-Term investment with a projected -3.03% first-year return on $103k initial cash invested.
-3.03%
Cash On Cash
5.54%
Cap Rate
0.93
DSCR
$3,168
Rent
-$260
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,168 income − $3,428 expenses = $260 out of pocket
Investment Breakdown
|
Purchase Price
$404k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$80,800
Closing costs
1%
$4,040
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,168
Total Expenses
$3,428
Mortgage P&I
63%
$1,997
Property Taxes
7%
$209
Home Insurance
5%
$145
HOA
0%
$0
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$348