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This property looks like a bad Mid-Term investment with a projected -4.1% first-year return on $106k initial cash invested.
-4.1%
Cash On Cash
5.69%
Cap Rate
0.89
DSCR
$3,202
Rent
-$363
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,202 income − $3,565 expenses = $363 out of pocket
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,960
Closing costs
1%
$4,198
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,202
Total Expenses
$3,565
Mortgage P&I
70%
$2,226
Property Taxes
3%
$102
Home Insurance
5%
$149
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352