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This property looks like a bad Long-Term investment with a projected -2.64% first-year return on $104k initial cash invested.
-2.64%
Cash On Cash
6.03%
Cap Rate
0.99
DSCR
$3,946
Rent
-$228
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,946 income − $4,174 expenses = $228 out of pocket
Investment Breakdown
|
Purchase Price
$494k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$98,700
Closing costs
1%
$4,935
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,946
Total Expenses
$4,174
Mortgage P&I
64%
$2,511
Property Taxes
8%
$329
Home Insurance
4%
$173
HOA
3%
$135
Property Management
10%
$395
CapEx
5%
$197
Vacancy
6%
$237
Maintenance
5%
$197
Other
0%
$0