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This property looks like a bad Long-Term investment with a projected -14.76% first-year return on $94,479 initial cash invested.
-14.76%
Cash On Cash
3.24%
Cap Rate
0.54
DSCR
$2,506
Rent
-$1,162
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,506 income − $3,668 expenses = $1,162 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,479
Downpayment
20%
$89,980
Closing costs
1%
$4,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,506
Total Expenses
$3,668
Mortgage P&I
90%
$2,252
Property Taxes
24%
$607
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$251
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0