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This property looks like a bad Long-Term investment with a projected -15.49% first-year return on $103k initial cash invested.
-15.49%
Cash On Cash
3.44%
Cap Rate
0.54
DSCR
$2,489
Rent
-$1,329
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,489 income − $3,818 expenses = $1,329 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,060
Closing costs
1%
$4,903
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,489
Total Expenses
$3,818
Mortgage P&I
105%
$2,612
Property Taxes
15%
$385
Home Insurance
7%
$175
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0