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This property looks like a bad Long-Term investment with a projected -16.33% first-year return on $105k initial cash invested.
-16.33%
Cash On Cash
2.99%
Cap Rate
0.49
DSCR
$2,615
Rent
-$1,425
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,615 income − $4,040 expenses = $1,425 out of pocket
Investment Breakdown
|
Purchase Price
$499k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$99,740
Closing costs
1%
$4,987
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,615
Total Expenses
$4,040
Mortgage P&I
97%
$2,536
Property Taxes
25%
$645
Home Insurance
7%
$178
HOA
0%
$0
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0