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This property looks like a bad Long-Term investment with a projected -9.2% first-year return on $103k initial cash invested.
-9.2%
Cash On Cash
4.42%
Cap Rate
0.74
DSCR
$3,101
Rent
-$787
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,101 income − $3,888 expenses = $787 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,800
Closing costs
1%
$4,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,101
Total Expenses
$3,888
Mortgage P&I
79%
$2,435
Property Taxes
15%
$476
Home Insurance
6%
$171
HOA
0%
$0
Property Management
10%
$310
CapEx
5%
$155
Vacancy
6%
$186
Maintenance
5%
$155
Other
0%
$0