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This property looks like a bad Long-Term investment with a projected -14.98% first-year return on $103k initial cash invested.
-14.98%
Cash On Cash
3.01%
Cap Rate
0.51
DSCR
$2,049
Rent
-$1,284
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,049 income − $3,333 expenses = $1,284 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.2%
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
$2,049
Total Expenses
$3,333
Mortgage P&I
118%
$2,410
Property Taxes
11%
$218
Home Insurance
8%
$173
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0