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This property looks like a bad Mid-Term investment with a projected -5.78% first-year return on $103k initial cash invested.
-5.78%
Cash On Cash
4.92%
Cap Rate
0.82
DSCR
$3,000
Rent
-$495
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,000 income − $3,495 expenses = $495 out of pocket
Investment Breakdown
|
Purchase Price
$404k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$80,760
Closing costs
1%
$4,038
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,000
Total Expenses
$3,495
Mortgage P&I
68%
$2,031
Property Taxes
10%
$297
Home Insurance
5%
$147
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330