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This property looks like a bad Long-Term investment with a projected -4.58% first-year return on $103k initial cash invested.
-4.58%
Cash On Cash
5.67%
Cap Rate
0.92
DSCR
$3,972
Rent
-$391
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,972 income − $4,363 expenses = $391 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,660
Closing costs
1%
$4,883
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,972
Total Expenses
$4,363
Mortgage P&I
63%
$2,501
Property Taxes
17%
$658
Home Insurance
4%
$171
HOA
0%
$0
Property Management
10%
$397
CapEx
5%
$199
Vacancy
6%
$238
Maintenance
5%
$199
Other
0%
$0