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This property looks like a bad Long-Term investment with a projected -19.93% first-year return on $103k initial cash invested.
-19.93%
Cash On Cash
2.16%
Cap Rate
0.35
DSCR
$1,595
Rent
-$1,711
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,595 income − $3,306 expenses = $1,711 out of pocket
Investment Breakdown
|
Purchase Price
$491k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,120
Closing costs
1%
$4,906
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,595
Total Expenses
$3,306
Mortgage P&I
158%
$2,513
Property Taxes
12%
$197
Home Insurance
11%
$180
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0