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This property looks like a bad Mid-Term investment with a projected -2.27% first-year return on $103k initial cash invested.
-2.27%
Cash On Cash
6.5%
Cap Rate
0.98
DSCR
$3,812
Rent
-$194
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,812 income − $4,006 expenses = $194 out of pocket
Investment Breakdown
|
Purchase Price
$404k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$80,700
Closing costs
1%
$4,035
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,812
Total Expenses
$4,006
Mortgage P&I
58%
$2,227
Property Taxes
9%
$343
Home Insurance
4%
$142
HOA
0%
$0
Property Management
12%
$457
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$419