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This property looks like a bad Mid-Term investment with a projected -2.2% first-year return on $103k initial cash invested.
-2.2%
Cash On Cash
6.25%
Cap Rate
0.98
DSCR
$3,690
Rent
-$188
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,690 income − $3,878 expenses = $188 out of pocket
Investment Breakdown
|
Purchase Price
$403k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$80,660
Closing costs
1%
$4,033
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,690
Total Expenses
$3,878
Mortgage P&I
58%
$2,142
Property Taxes
7%
$250
Home Insurance
4%
$154
HOA
2%
$76
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406