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This property looks like a bad Mid-Term investment with a projected -5.99% first-year return on $120k initial cash invested.
-5.99%
Cash On Cash
5.13%
Cap Rate
0.82
DSCR
$3,381
Rent
-$598
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,381 income − $3,979 expenses = $598 out of pocket
Investment Breakdown
|
Purchase Price
$485k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$97,000
Closing costs
1%
$4,850
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,381
Total Expenses
$3,979
Mortgage P&I
75%
$2,536
Property Taxes
4%
$124
Home Insurance
5%
$170
HOA
0%
$0
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$372