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This property looks like a bad Long-Term investment with a projected -16.04% first-year return on $101k initial cash invested.
-16.04%
Cash On Cash
2.96%
Cap Rate
0.49
DSCR
$2,650
Rent
-$1,347
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,650 income − $3,997 expenses = $1,347 out of pocket
Investment Breakdown
|
Purchase Price
$480k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$95,980
Closing costs
1%
$4,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,650
Total Expenses
$3,997
Mortgage P&I
90%
$2,397
Property Taxes
25%
$668
Home Insurance
6%
$168
HOA
3%
$76
Property Management
10%
$265
CapEx
5%
$132
Vacancy
6%
$159
Maintenance
5%
$132
Other
0%
$0