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This property looks like a bad Long-Term investment with a projected -10.53% first-year return on $101k initial cash invested.

-10.53%

Cash On Cash

4.05%

Cap Rate

0.68

DSCR

$2,680

Rent

-$886

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$481k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$96,120

Closing costs

1%

$4,806

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,680

Total Expenses

$3,566

Mortgage P&I

89%

$2,376

Property Taxes

12%

$323

Home Insurance

6%

$170

HOA

0%

$0

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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