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This property looks like a bad Long-Term investment with a projected -11.81% first-year return on $104k initial cash invested.
-11.81%
Cash On Cash
3.72%
Cap Rate
0.63
DSCR
$2,716
Rent
-$1,027
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,716 income − $3,743 expenses = $1,027 out of pocket
Investment Breakdown
|
Purchase Price
$497k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$99,360
Closing costs
1%
$4,968
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,716
Total Expenses
$3,743
Mortgage P&I
90%
$2,431
Property Taxes
16%
$430
Home Insurance
6%
$175
HOA
0%
$0
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0