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This property looks like a bad Long-Term investment with a projected -5.98% first-year return on $103k initial cash invested.
-5.98%
Cash On Cash
5.16%
Cap Rate
0.85
DSCR
$2,883
Rent
-$513
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,883 income − $3,396 expenses = $513 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,000
Closing costs
1%
$4,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,883
Total Expenses
$3,396
Mortgage P&I
86%
$2,474
Property Taxes
0%
$1
Home Insurance
6%
$172
HOA
0%
$0
Property Management
10%
$288
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0