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This property looks like a bad Long-Term investment with a projected -15.02% first-year return on $103k initial cash invested.
-15.02%
Cash On Cash
3.25%
Cap Rate
0.53
DSCR
$2,125
Rent
-$1,288
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,125 income − $3,413 expenses = $1,288 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,000
Closing costs
1%
$4,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,125
Total Expenses
$3,413
Mortgage P&I
118%
$2,509
Property Taxes
8%
$180
Home Insurance
8%
$172
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$128
Maintenance
5%
$106
Other
0%
$0