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This property looks like a bad Mid-Term investment with a projected -4.5% first-year return on $120k initial cash invested.
-4.5%
Cash On Cash
5.69%
Cap Rate
0.89
DSCR
$4,276
Rent
-$452
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,276 income − $4,728 expenses = $452 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$97,580
Closing costs
1%
$4,879
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,276
Total Expenses
$4,728
Mortgage P&I
61%
$2,593
Property Taxes
11%
$449
Home Insurance
4%
$175
HOA
1%
$58
Property Management
12%
$513
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$470