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This property looks like a bad Long-Term investment with a projected -12.52% first-year return on $102k initial cash invested.
-12.52%
Cash On Cash
3.74%
Cap Rate
0.62
DSCR
$2,798
Rent
-$1,068
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,798 income − $3,866 expenses = $1,068 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$97,520
Closing costs
1%
$4,876
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,798
Total Expenses
$3,866
Mortgage P&I
87%
$2,448
Property Taxes
17%
$468
Home Insurance
6%
$172
HOA
2%
$50
Property Management
10%
$280
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0