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This property looks like a bad Long-Term investment with a projected -17.88% first-year return on $103k initial cash invested.
-17.88%
Cash On Cash
3.29%
Cap Rate
0.49
DSCR
$2,270
Rent
-$1,533
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,270 income − $3,803 expenses = $1,533 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,000
Closing costs
1%
$4,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,270
Total Expenses
$3,803
Mortgage P&I
122%
$2,761
Property Taxes
11%
$244
Home Insurance
8%
$172
HOA
2%
$35
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0