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This property looks like a bad Long-Term investment with a projected -8.75% first-year return on $103k initial cash invested.
-8.75%
Cash On Cash
4.53%
Cap Rate
0.76
DSCR
$3,073
Rent
-$754
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,073 income − $3,827 expenses = $754 out of pocket
Investment Breakdown
|
Purchase Price
$493k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,520
Closing costs
1%
$4,926
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,073
Total Expenses
$3,827
Mortgage P&I
80%
$2,460
Property Taxes
13%
$393
Home Insurance
6%
$175
HOA
0%
$0
Property Management
10%
$307
CapEx
5%
$154
Vacancy
6%
$184
Maintenance
5%
$154
Other
0%
$0