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This property looks like a bad Mid-Term investment with a projected -2.4% first-year return on $115k initial cash invested.
-2.4%
Cash On Cash
5.8%
Cap Rate
0.97
DSCR
$3,934
Rent
-$230
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,934 income − $4,164 expenses = $230 out of pocket
Investment Breakdown
|
Purchase Price
$462k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$115k
Downpayment
20%
$92,440
Closing costs
1%
$4,622
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,934
Total Expenses
$4,164
Mortgage P&I
59%
$2,307
Property Taxes
9%
$357
Home Insurance
4%
$163
HOA
0%
$0
Property Management
12%
$472
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$433