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This property looks like a bad Long-Term investment with a projected -8.55% first-year return on $103k initial cash invested.
-8.55%
Cash On Cash
4.56%
Cap Rate
0.76
DSCR
$2,752
Rent
-$731
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,752 income − $3,483 expenses = $731 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,660
Closing costs
1%
$4,883
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,752
Total Expenses
$3,483
Mortgage P&I
89%
$2,448
Property Taxes
5%
$144
Home Insurance
6%
$175
HOA
0%
$0
Property Management
10%
$275
CapEx
5%
$138
Vacancy
6%
$165
Maintenance
5%
$138
Other
0%
$0