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This property looks like a bad Mid-Term investment with a projected -6.01% first-year return on $117k initial cash invested.
-6.01%
Cash On Cash
4.8%
Cap Rate
0.81
DSCR
$3,921
Rent
-$585
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,921 income − $4,506 expenses = $585 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,080
Closing costs
1%
$4,704
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,921
Total Expenses
$4,506
Mortgage P&I
59%
$2,311
Property Taxes
18%
$689
Home Insurance
4%
$172
HOA
0%
$0
Property Management
12%
$471
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$431