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This property looks like a bad Long-Term investment with a projected -14.71% first-year return on $103k initial cash invested.
-14.71%
Cash On Cash
3.43%
Cap Rate
0.56
DSCR
$3,082
Rent
-$1,261
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,082 income − $4,343 expenses = $1,261 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,082
Total Expenses
$4,343
Mortgage P&I
81%
$2,509
Property Taxes
20%
$621
Home Insurance
6%
$172
HOA
8%
$240
Property Management
10%
$308
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0