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This property looks like a bad Long-Term investment with a projected -12.77% first-year return on $103k initial cash invested.
-12.77%
Cash On Cash
4.26%
Cap Rate
0.65
DSCR
$3,016
Rent
-$1,093
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,016 income − $4,109 expenses = $1,093 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,800
Closing costs
1%
$4,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,016
Total Expenses
$4,109
Mortgage P&I
89%
$2,677
Property Taxes
7%
$213
Home Insurance
6%
$171
HOA
9%
$263
Property Management
10%
$302
CapEx
5%
$151
Vacancy
6%
$181
Maintenance
5%
$151
Other
0%
$0