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This property looks like a bad Mid-Term investment with a projected -3.36% first-year return on $121k initial cash invested.
-3.36%
Cash On Cash
5.6%
Cap Rate
0.92
DSCR
$3,578
Rent
-$339
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,578 income − $3,917 expenses = $339 out of pocket
Investment Breakdown
|
Purchase Price
$491k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$98,180
Closing costs
1%
$4,909
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,578
Total Expenses
$3,917
Mortgage P&I
69%
$2,486
Property Taxes
1%
$25
Home Insurance
5%
$173
HOA
0%
$17
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394