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This property looks like a bad Mid-Term investment with a projected -5.08% first-year return on $107k initial cash invested.
-5.08%
Cash On Cash
5.13%
Cap Rate
0.85
DSCR
$3,390
Rent
-$453
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,390 income − $3,843 expenses = $453 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,780
Closing costs
1%
$4,239
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,390
Total Expenses
$3,843
Mortgage P&I
63%
$2,128
Property Taxes
12%
$412
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$407
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$373