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This property looks like a bad Mid-Term investment with a projected -6.37% first-year return on $121k initial cash invested.
-6.37%
Cash On Cash
5.37%
Cap Rate
0.81
DSCR
$3,579
Rent
-$642
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,579 income − $4,221 expenses = $642 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$98,000
Closing costs
1%
$4,900
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,579
Total Expenses
$4,221
Mortgage P&I
75%
$2,691
Property Taxes
4%
$142
Home Insurance
5%
$172
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394