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This property looks like a bad Mid-Term investment with a projected -1.63% first-year return on $104k initial cash invested.
-1.63%
Cash On Cash
5.89%
Cap Rate
0.99
DSCR
$3,240
Rent
-$141
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,240 income − $3,381 expenses = $141 out of pocket
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,560
Closing costs
1%
$4,078
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,240
Total Expenses
$3,381
Mortgage P&I
62%
$2,011
Property Taxes
2%
$78
Home Insurance
4%
$140
HOA
2%
$50
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$356