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This property looks like a bad Long-Term investment with a projected -12.57% first-year return on $103k initial cash invested.
-12.57%
Cash On Cash
3.66%
Cap Rate
0.61
DSCR
$2,611
Rent
-$1,077
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,611 income − $3,688 expenses = $1,077 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,940
Closing costs
1%
$4,897
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,611
Total Expenses
$3,688
Mortgage P&I
93%
$2,440
Property Taxes
15%
$396
Home Insurance
7%
$172
HOA
0%
$0
Property Management
10%
$261
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0