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This property looks like a bad Long-Term investment with a projected -10.63% first-year return on $103k initial cash invested.
-10.63%
Cash On Cash
4.31%
Cap Rate
0.7
DSCR
$3,089
Rent
-$911
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,089 income − $4,000 expenses = $911 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,900
Closing costs
1%
$4,895
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,089
Total Expenses
$4,000
Mortgage P&I
81%
$2,515
Property Taxes
16%
$508
Home Insurance
6%
$175
HOA
0%
$0
Property Management
10%
$309
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0