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This property looks like a bad Long-Term investment with a projected -13.24% first-year return on $94,290 initial cash invested.
-13.24%
Cash On Cash
3.51%
Cap Rate
0.59
DSCR
$2,440
Rent
-$1,040
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,440 income − $3,480 expenses = $1,040 out of pocket
Investment Breakdown
|
Purchase Price
$449k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,290
Downpayment
20%
$89,800
Closing costs
1%
$4,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,440
Total Expenses
$3,480
Mortgage P&I
91%
$2,231
Property Taxes
17%
$425
Home Insurance
6%
$157
HOA
1%
$33
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0