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This property looks like a bad Long-Term investment with a projected -14.68% first-year return on $103k initial cash invested.
-14.68%
Cash On Cash
3.14%
Cap Rate
0.53
DSCR
$2,241
Rent
-$1,265
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,241 income − $3,506 expenses = $1,265 out of pocket
Investment Breakdown
|
Purchase Price
$492k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,460
Closing costs
1%
$4,923
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,241
Total Expenses
$3,506
Mortgage P&I
109%
$2,443
Property Taxes
11%
$257
Home Insurance
10%
$224
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0