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This property looks like a bad Mid-Term investment with a projected -5.05% first-year return on $120k initial cash invested.
-5.05%
Cash On Cash
5.47%
Cap Rate
0.86
DSCR
$3,856
Rent
-$507
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,856 income − $4,363 expenses = $507 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$97,520
Closing costs
1%
$4,876
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,856
Total Expenses
$4,363
Mortgage P&I
67%
$2,575
Property Taxes
8%
$304
Home Insurance
4%
$173
HOA
0%
$0
Property Management
12%
$463
CapEx
4%
$154
Vacancy
3%
$116
Maintenance
4%
$154
Other
11%
$424