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This property looks like a bad Long-Term investment with a projected -9.63% first-year return on $94,500 initial cash invested.
-9.63%
Cash On Cash
4.4%
Cap Rate
0.72
DSCR
$2,471
Rent
-$758
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,471 income − $3,229 expenses = $758 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,500
Downpayment
20%
$90,000
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,471
Total Expenses
$3,229
Mortgage P&I
92%
$2,285
Property Taxes
6%
$143
Home Insurance
6%
$158
HOA
0%
$0
Property Management
10%
$247
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0