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This property looks like a bad Mid-Term investment with a projected -8.91% first-year return on $103k initial cash invested.
-8.91%
Cash On Cash
4.08%
Cap Rate
0.67
DSCR
$2,284
Rent
-$763
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,284 income − $3,047 expenses = $763 out of pocket
Investment Breakdown
|
Purchase Price
$404k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$80,713
Closing costs
1%
$4,036
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,284
Total Expenses
$3,047
Mortgage P&I
89%
$2,043
Property Taxes
4%
$87
Home Insurance
6%
$141
HOA
0%
$0
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$69
Maintenance
4%
$91
Other
11%
$251