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This property looks like a bad Long-Term investment with a projected -16.93% first-year return on $94,479 initial cash invested.
-16.93%
Cash On Cash
3.32%
Cap Rate
0.5
DSCR
$2,249
Rent
-$1,333
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,249 income − $3,582 expenses = $1,333 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,479
Downpayment
20%
$89,980
Closing costs
1%
$4,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,249
Total Expenses
$3,582
Mortgage P&I
110%
$2,466
Property Taxes
17%
$374
Home Insurance
7%
$158
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0