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This property looks like a bad Mid-Term investment with a projected -6.76% first-year return on $107k initial cash invested.
-6.76%
Cash On Cash
5.37%
Cap Rate
0.81
DSCR
$3,870
Rent
-$603
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,870 income − $4,473 expenses = $603 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,740
Closing costs
1%
$4,237
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,870
Total Expenses
$4,473
Mortgage P&I
61%
$2,345
Property Taxes
17%
$662
Home Insurance
4%
$150
HOA
0%
$0
Property Management
12%
$464
CapEx
4%
$155
Vacancy
3%
$116
Maintenance
4%
$155
Other
11%
$426