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This property looks like a bad Mid-Term investment with a projected -7.8% first-year return on $117k initial cash invested.
-7.8%
Cash On Cash
5.11%
Cap Rate
0.76
DSCR
$3,357
Rent
-$759
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,357 income − $4,116 expenses = $759 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$93,999
Closing costs
1%
$4,700
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,357
Total Expenses
$4,116
Mortgage P&I
78%
$2,626
Property Taxes
4%
$121
Home Insurance
5%
$164
HOA
2%
$64
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369