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This property looks like a bad Long-Term investment with a projected -9.3% first-year return on $103k initial cash invested.
-9.3%
Cash On Cash
4.57%
Cap Rate
0.74
DSCR
$2,945
Rent
-$797
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,945 income − $3,742 expenses = $797 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%
$97,920
Closing costs
1%
$4,896
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,945
Total Expenses
$3,742
Mortgage P&I
85%
$2,514
Property Taxes
10%
$297
Home Insurance
6%
$166
HOA
0%
$0
Property Management
10%
$294
CapEx
5%
$147
Vacancy
6%
$177
Maintenance
5%
$147
Other
0%
$0