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This property looks like a bad Long-Term investment with a projected -11.3% first-year return on $106k initial cash invested.
-11.3%
Cash On Cash
4%
Cap Rate
0.66
DSCR
$2,604
Rent
-$999
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,604 income − $3,603 expenses = $999 out of pocket
Investment Breakdown
|
Purchase Price
$505k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$101k
Closing costs
1%
$5,051
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,604
Total Expenses
$3,603
Mortgage P&I
98%
$2,554
Property Taxes
6%
$158
Home Insurance
7%
$182
HOA
1%
$33
Property Management
10%
$260
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0