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This property looks like a bad Long-Term investment with a projected -11.43% first-year return on $94,500 initial cash invested.
-11.43%
Cash On Cash
3.83%
Cap Rate
0.65
DSCR
$2,464
Rent
-$900
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,464 income − $3,364 expenses = $900 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,500
Downpayment
20%
$90,000
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,464
Total Expenses
$3,364
Mortgage P&I
90%
$2,213
Property Taxes
14%
$353
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0