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This property looks like a bad Mid-Term investment with a projected -8.85% first-year return on $123k initial cash invested.
-8.85%
Cash On Cash
4.3%
Cap Rate
0.7
DSCR
$3,094
Rent
-$904
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,094 income − $3,998 expenses = $904 out of pocket
Investment Breakdown
|
Purchase Price
$498k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$99,600
Closing costs
1%
$4,980
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,094
Total Expenses
$3,998
Mortgage P&I
83%
$2,563
Property Taxes
6%
$177
Home Insurance
6%
$174
HOA
1%
$32
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340