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This property looks like a bad Mid-Term investment with a projected -2.91% first-year return on $101k initial cash invested.
-2.91%
Cash On Cash
6.2%
Cap Rate
0.95
DSCR
$3,606
Rent
-$244
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,606 income − $3,850 expenses = $244 out of pocket
Investment Breakdown
|
Purchase Price
$394k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$78,820
Closing costs
1%
$3,941
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,606
Total Expenses
$3,850
Mortgage P&I
59%
$2,135
Property Taxes
10%
$349
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397