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This property looks like a bad Mid-Term investment with a projected -6.79% first-year return on $117k initial cash invested.
-6.79%
Cash On Cash
5.23%
Cap Rate
0.8
DSCR
$3,820
Rent
-$661
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,820 income − $4,481 expenses = $661 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,040
Closing costs
1%
$4,702
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,820
Total Expenses
$4,481
Mortgage P&I
67%
$2,557
Property Taxes
12%
$459
Home Insurance
4%
$166
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$420