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This property looks like a bad Long-Term investment with a projected -16.49% first-year return on $103k initial cash invested.
-16.49%
Cash On Cash
3.43%
Cap Rate
0.52
DSCR
$2,566
Rent
-$1,418
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,566 income − $3,984 expenses = $1,418 out of pocket
Investment Breakdown
|
Purchase Price
$491k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,260
Closing costs
1%
$4,913
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,566
Total Expenses
$3,984
Mortgage P&I
105%
$2,693
Property Taxes
18%
$449
Home Insurance
7%
$175
HOA
0%
$0
Property Management
10%
$257
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0