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This property looks like a bad Mid-Term investment with a projected -2.35% first-year return on $106k initial cash invested.
-2.35%
Cash On Cash
5.77%
Cap Rate
0.97
DSCR
$3,516
Rent
-$208
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,516 income − $3,724 expenses = $208 out of pocket
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,980
Closing costs
1%
$4,199
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,516
Total Expenses
$3,724
Mortgage P&I
59%
$2,085
Property Taxes
8%
$296
Home Insurance
4%
$147
HOA
0%
$0
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$105
Maintenance
4%
$141
Other
11%
$387