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This property looks like a bad Mid-Term investment with a projected -2.22% first-year return on $103k initial cash invested.
-2.22%
Cash On Cash
5.79%
Cap Rate
0.98
DSCR
$3,513
Rent
-$191
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,513 income − $3,704 expenses = $191 out of pocket
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,100
Closing costs
1%
$4,055
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,513
Total Expenses
$3,704
Mortgage P&I
57%
$2,005
Property Taxes
8%
$298
Home Insurance
4%
$144
HOA
2%
$62
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$105
Maintenance
4%
$141
Other
11%
$386