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This property looks like a bad Mid-Term investment with a projected -2.38% first-year return on $116k initial cash invested.
-2.38%
Cash On Cash
5.96%
Cap Rate
0.97
DSCR
$3,730
Rent
-$231
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,730 income − $3,961 expenses = $231 out of pocket
Investment Breakdown
|
Purchase Price
$468k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,560
Closing costs
1%
$4,678
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,730
Total Expenses
$3,961
Mortgage P&I
64%
$2,405
Property Taxes
3%
$117
Home Insurance
5%
$171
HOA
0%
$0
Property Management
12%
$448
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410