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This property looks like a bad Long-Term investment with a projected -13.03% first-year return on $103k initial cash invested.
-13.03%
Cash On Cash
3.98%
Cap Rate
0.63
DSCR
$2,922
Rent
-$1,124
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,922 income − $4,046 expenses = $1,124 out of pocket
Investment Breakdown
|
Purchase Price
$493k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,560
Closing costs
1%
$4,928
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,922
Total Expenses
$4,046
Mortgage P&I
89%
$2,614
Property Taxes
17%
$493
Home Insurance
6%
$180
HOA
0%
$0
Property Management
10%
$292
CapEx
5%
$146
Vacancy
6%
$175
Maintenance
5%
$146
Other
0%
$0