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This property looks like a bad Long-Term investment with a projected -10.6% first-year return on $103k initial cash invested.
-10.6%
Cash On Cash
3.88%
Cap Rate
0.67
DSCR
$2,611
Rent
-$907
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,611 income − $3,518 expenses = $907 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,780
Closing costs
1%
$4,889
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,611
Total Expenses
$3,518
Mortgage P&I
90%
$2,357
Property Taxes
12%
$310
Home Insurance
7%
$171
HOA
0%
$0
Property Management
10%
$261
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0