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This property looks like a bad Mid-Term investment with a projected -4.79% first-year return on $117k initial cash invested.
-4.79%
Cash On Cash
5.25%
Cap Rate
0.86
DSCR
$3,500
Rent
-$468
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,500 income − $3,968 expenses = $468 out of pocket
Investment Breakdown
|
Purchase Price
$473k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,620
Closing costs
1%
$4,731
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,500
Total Expenses
$3,968
Mortgage P&I
68%
$2,397
Property Taxes
6%
$208
Home Insurance
5%
$173
HOA
0%
$0
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385