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This property looks like a bad Long-Term investment with a projected -14.97% first-year return on $103k initial cash invested.
-14.97%
Cash On Cash
3.21%
Cap Rate
0.53
DSCR
$2,033
Rent
-$1,279
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,033 income − $3,312 expenses = $1,279 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,620
Closing costs
1%
$4,881
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,033
Total Expenses
$3,312
Mortgage P&I
122%
$2,484
Property Taxes
6%
$126
Home Insurance
9%
$173
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0