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This property looks like a bad Mid-Term investment with a projected -5.79% first-year return on $121k initial cash invested.
-5.79%
Cash On Cash
5.06%
Cap Rate
0.83
DSCR
$3,756
Rent
-$583
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,756 income − $4,339 expenses = $583 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,900
Closing costs
1%
$4,895
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,756
Total Expenses
$4,339
Mortgage P&I
66%
$2,497
Property Taxes
10%
$390
Home Insurance
5%
$175
HOA
0%
$0
Property Management
12%
$451
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$413