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This property looks like a bad Mid-Term investment with a projected -9.09% first-year return on $119k initial cash invested.
-9.09%
Cash On Cash
4.07%
Cap Rate
0.67
DSCR
$2,744
Rent
-$900
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,744 income − $3,644 expenses = $900 out of pocket
Investment Breakdown
|
Purchase Price
$480k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$96,040
Closing costs
1%
$4,802
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,744
Total Expenses
$3,644
Mortgage P&I
88%
$2,420
Property Taxes
4%
$116
Home Insurance
6%
$175
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302