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This property looks like a bad Long-Term investment with a projected -23.34% first-year return on $103k initial cash invested.
-23.34%
Cash On Cash
1.67%
Cap Rate
0.26
DSCR
$1,727
Rent
-$2,001
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,727 income − $3,728 expenses = $2,001 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%
$98,000
Closing costs
1%
$4,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,727
Total Expenses
$3,728
Mortgage P&I
150%
$2,597
Property Taxes
30%
$510
Home Insurance
10%
$172
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0