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This property looks like a bad Mid-Term investment with a projected -2.86% first-year return on $113k initial cash invested.
-2.86%
Cash On Cash
6.43%
Cap Rate
0.97
DSCR
$4,520
Rent
-$268
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,520 income − $4,788 expenses = $268 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,000
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,520
Total Expenses
$4,788
Mortgage P&I
55%
$2,499
Property Taxes
13%
$594
Home Insurance
4%
$158
HOA
0%
$0
Property Management
12%
$542
CapEx
4%
$181
Vacancy
3%
$136
Maintenance
4%
$181
Other
11%
$497