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This property looks like a bad Mid-Term investment with a projected -9.02% first-year return on $113k initial cash invested.
-9.02%
Cash On Cash
4.35%
Cap Rate
0.69
DSCR
$2,994
Rent
-$846
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,994 income − $3,840 expenses = $846 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,994
Total Expenses
$3,840
Mortgage P&I
79%
$2,356
Property Taxes
10%
$308
Home Insurance
5%
$158
HOA
0%
$0
Property Management
12%
$359
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$329