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This property looks like a bad Mid-Term investment with a projected -7.77% first-year return on $107k initial cash invested.
-7.77%
Cash On Cash
4.73%
Cap Rate
0.74
DSCR
$2,901
Rent
-$693
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,901 income − $3,594 expenses = $693 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,840
Closing costs
1%
$4,242
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,901
Total Expenses
$3,594
Mortgage P&I
78%
$2,249
Property Taxes
7%
$191
Home Insurance
5%
$152
HOA
1%
$16
Property Management
12%
$348
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$319