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This property looks like a bad Long-Term investment with a projected -16.64% first-year return on $106k initial cash invested.
-16.64%
Cash On Cash
3.02%
Cap Rate
0.49
DSCR
$2,424
Rent
-$1,471
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,424 income − $3,895 expenses = $1,471 out of pocket
Investment Breakdown
|
Purchase Price
$505k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$101k
Closing costs
1%
$5,053
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,424
Total Expenses
$3,895
Mortgage P&I
108%
$2,622
Property Taxes
18%
$444
Home Insurance
8%
$187
HOA
1%
$13
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0