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This property looks like a bad Mid-Term investment with a projected -3.09% first-year return on $121k initial cash invested.
-3.09%
Cash On Cash
5.7%
Cap Rate
0.93
DSCR
$3,678
Rent
-$312
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,678 income − $3,990 expenses = $312 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%
$98,120
Closing costs
1%
$4,906
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,678
Total Expenses
$3,990
Mortgage P&I
68%
$2,494
Property Taxes
2%
$61
Home Insurance
5%
$175
HOA
0%
$10
Property Management
12%
$441
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$405