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This property looks like a bad Long-Term investment with a projected -15.65% first-year return on $104k initial cash invested.
-15.65%
Cash On Cash
3.11%
Cap Rate
0.51
DSCR
$2,484
Rent
-$1,354
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,484 income − $3,838 expenses = $1,354 out of pocket
Investment Breakdown
|
Purchase Price
$494k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$98,880
Closing costs
1%
$4,944
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,484
Total Expenses
$3,838
Mortgage P&I
101%
$2,510
Property Taxes
20%
$496
Home Insurance
7%
$180
HOA
0%
$7
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0