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This property looks like a bad Mid-Term investment with a projected -8.76% first-year return on $121k initial cash invested.
-8.76%
Cash On Cash
4.15%
Cap Rate
0.69
DSCR
$3,002
Rent
-$881
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,002 income − $3,883 expenses = $881 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,800
Closing costs
1%
$4,890
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,002
Total Expenses
$3,883
Mortgage P&I
82%
$2,454
Property Taxes
8%
$238
Home Insurance
6%
$171
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330