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This property looks like a bad Mid-Term investment with a projected -2.92% first-year return on $121k initial cash invested.
-2.92%
Cash On Cash
5.7%
Cap Rate
0.95
DSCR
$4,264
Rent
-$296
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,264 income − $4,560 expenses = $296 out of pocket
Investment Breakdown
|
Purchase Price
$493k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$98,560
Closing costs
1%
$4,928
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,264
Total Expenses
$4,560
Mortgage P&I
58%
$2,467
Property Taxes
11%
$472
Home Insurance
4%
$170
HOA
0%
$0
Property Management
12%
$512
CapEx
4%
$171
Vacancy
3%
$128
Maintenance
4%
$171
Other
11%
$469