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This property looks like a bad Mid-Term investment with a projected -4.9% first-year return on $103k initial cash invested.
-4.9%
Cash On Cash
5.12%
Cap Rate
0.85
DSCR
$2,901
Rent
-$422
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,901 income − $3,323 expenses = $422 out of pocket
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,220
Closing costs
1%
$4,061
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,901
Total Expenses
$3,323
Mortgage P&I
70%
$2,040
Property Taxes
5%
$136
Home Insurance
5%
$144
HOA
1%
$17
Property Management
12%
$348
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$319