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This property looks like a bad Mid-Term investment with a projected -5.34% first-year return on $91,500 initial cash invested.
-5.34%
Cash On Cash
5.69%
Cap Rate
0.85
DSCR
$2,990
Rent
-$407
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,990 income − $3,397 expenses = $407 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,990
Total Expenses
$3,397
Mortgage P&I
65%
$1,946
Property Taxes
8%
$231
Home Insurance
4%
$122
HOA
3%
$80
Property Management
12%
$359
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$329