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This property looks like a bad Long-Term investment with a projected -12.44% first-year return on $94,498 initial cash invested.
-12.44%
Cash On Cash
3.76%
Cap Rate
0.62
DSCR
$2,196
Rent
-$980
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,196 income − $3,176 expenses = $980 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,498
Downpayment
20%
$89,998
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,196
Total Expenses
$3,176
Mortgage P&I
104%
$2,281
Property Taxes
8%
$165
Home Insurance
7%
$158
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0