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This property looks like a bad Mid-Term investment with a projected -2.4% first-year return on $92,550 initial cash invested.
-2.4%
Cash On Cash
6.21%
Cap Rate
0.97
DSCR
$3,270
Rent
-$185
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,270 income − $3,455 expenses = $185 out of pocket
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,550
Downpayment
20%
$71,000
Closing costs
1%
$3,550
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,270
Total Expenses
$3,455
Mortgage P&I
58%
$1,892
Property Taxes
9%
$300
Home Insurance
4%
$126
HOA
1%
$25
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360