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This property looks like a bad Long-Term investment with a projected -16.43% first-year return on $101k initial cash invested.
-16.43%
Cash On Cash
2.84%
Cap Rate
0.47
DSCR
$2,297
Rent
-$1,380
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,297 income − $3,677 expenses = $1,380 out of pocket
Investment Breakdown
|
Purchase Price
$480k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$96,000
Closing costs
1%
$4,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,297
Total Expenses
$3,677
Mortgage P&I
105%
$2,401
Property Taxes
22%
$510
Home Insurance
7%
$168
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0