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This property looks like a bad Mid-Term investment with a projected -10.07% first-year return on $144k initial cash invested.
-10.07%
Cash On Cash
3.88%
Cap Rate
0.65
DSCR
$3,555
Rent
-$1,212
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,555 income − $4,767 expenses = $1,212 out of pocket
Investment Breakdown
|
Purchase Price
$602k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$120k
Closing costs
1%
$6,020
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,555
Total Expenses
$4,767
Mortgage P&I
85%
$3,016
Property Taxes
9%
$331
Home Insurance
6%
$211
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$391