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This property looks like a bad Long-Term investment with a projected -19.61% first-year return on $103k initial cash invested.
-19.61%
Cash On Cash
2.9%
Cap Rate
0.44
DSCR
$3,504
Rent
-$1,691
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,504 income − $5,195 expenses = $1,691 out of pocket
Investment Breakdown
|
Purchase Price
$493k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,540
Closing costs
1%
$4,927
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,504
Total Expenses
$5,195
Mortgage P&I
77%
$2,705
Property Taxes
36%
$1,271
Home Insurance
5%
$177
HOA
4%
$132
Property Management
10%
$350
CapEx
5%
$175
Vacancy
6%
$210
Maintenance
5%
$175
Other
0%
$0