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This property looks like a bad Long-Term investment with a projected -16.83% first-year return on $102k initial cash invested.
-16.83%
Cash On Cash
3.26%
Cap Rate
0.5
DSCR
$2,483
Rent
-$1,436
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,483 income − $3,919 expenses = $1,436 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$97,520
Closing costs
1%
$4,876
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,483
Total Expenses
$3,919
Mortgage P&I
106%
$2,637
Property Taxes
18%
$454
Home Insurance
7%
$173
HOA
0%
$10
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0