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This property looks like a bad Mid-Term investment with a projected -5.91% first-year return on $117k initial cash invested.
-5.91%
Cash On Cash
5.1%
Cap Rate
0.82
DSCR
$3,669
Rent
-$575
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,669 income − $4,244 expenses = $575 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,000
Closing costs
1%
$4,700
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,669
Total Expenses
$4,244
Mortgage P&I
66%
$2,426
Property Taxes
11%
$389
Home Insurance
4%
$164
HOA
0%
$17
Property Management
12%
$440
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404