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This property looks like a bad Mid-Term investment with a projected -2.59% first-year return on $106k initial cash invested.
-2.59%
Cash On Cash
5.72%
Cap Rate
0.96
DSCR
$3,778
Rent
-$229
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,778 income − $4,007 expenses = $229 out of pocket
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,920
Closing costs
1%
$4,196
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,778
Total Expenses
$4,007
Mortgage P&I
55%
$2,078
Property Taxes
13%
$500
Home Insurance
4%
$145
HOA
0%
$0
Property Management
12%
$453
CapEx
4%
$151
Vacancy
3%
$113
Maintenance
4%
$151
Other
11%
$416