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This property looks like a bad Long-Term investment with a projected -5.83% first-year return on $103k initial cash invested.
-5.83%
Cash On Cash
5.34%
Cap Rate
0.87
DSCR
$3,418
Rent
-$501
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,418 income − $3,919 expenses = $501 out of pocket
Investment Breakdown
|
Purchase Price
$491k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,140
Closing costs
1%
$4,907
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,418
Total Expenses
$3,919
Mortgage P&I
74%
$2,513
Property Taxes
9%
$294
Home Insurance
5%
$178
HOA
1%
$45
Property Management
10%
$342
CapEx
5%
$171
Vacancy
6%
$205
Maintenance
5%
$171
Other
0%
$0