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This property looks like a bad Long-Term investment with a projected -12.61% first-year return on $104k initial cash invested.
-12.61%
Cash On Cash
3.62%
Cap Rate
0.61
DSCR
$2,485
Rent
-$1,092
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,485 income − $3,577 expenses = $1,092 out of pocket
Investment Breakdown
|
Purchase Price
$495k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$99,000
Closing costs
1%
$4,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,485
Total Expenses
$3,577
Mortgage P&I
99%
$2,463
Property Taxes
12%
$296
Home Insurance
7%
$173
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0