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This property looks like a bad Long-Term investment with a projected -12.87% first-year return on $103k initial cash invested.
-12.87%
Cash On Cash
3.66%
Cap Rate
0.61
DSCR
$2,737
Rent
-$1,103
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,737 income − $3,840 expenses = $1,103 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,920
Closing costs
1%
$4,896
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,737
Total Expenses
$3,840
Mortgage P&I
90%
$2,458
Property Taxes
15%
$400
Home Insurance
6%
$172
HOA
4%
$98
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0