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This property looks like a bad Long-Term investment with a projected -5.35% first-year return on $103k initial cash invested.
-5.35%
Cash On Cash
5.2%
Cap Rate
0.88
DSCR
$3,336
Rent
-$459
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,336 income − $3,795 expenses = $459 out of pocket
Investment Breakdown
|
Purchase Price
$491k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,100
Closing costs
1%
$4,905
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,336
Total Expenses
$3,795
Mortgage P&I
72%
$2,416
Property Taxes
10%
$329
Home Insurance
5%
$182
HOA
0%
$0
Property Management
10%
$334
CapEx
5%
$167
Vacancy
6%
$200
Maintenance
5%
$167
Other
0%
$0