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This property looks like a bad Mid-Term investment with a projected -8.39% first-year return on $98,850 initial cash invested.
-8.39%
Cash On Cash
4.24%
Cap Rate
0.7
DSCR
$2,889
Rent
-$691
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,889 income − $3,580 expenses = $691 out of pocket
Investment Breakdown
|
Purchase Price
$385k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,850
Downpayment
20%
$77,000
Closing costs
1%
$3,850
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,889
Total Expenses
$3,580
Mortgage P&I
67%
$1,935
Property Taxes
18%
$526
Home Insurance
5%
$135
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318