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This property looks like a bad Mid-Term investment with a projected -4.89% first-year return on $120k initial cash invested.
-4.89%
Cash On Cash
5.21%
Cap Rate
0.87
DSCR
$4,046
Rent
-$491
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,046 income − $4,537 expenses = $491 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$97,500
Closing costs
1%
$4,875
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,046
Total Expenses
$4,537
Mortgage P&I
60%
$2,444
Property Taxes
14%
$568
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$121
Maintenance
4%
$162
Other
11%
$445