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This property looks like a bad Long-Term investment with a projected -6.8% first-year return on $98,700 initial cash invested.
-6.8%
Cash On Cash
5.08%
Cap Rate
0.84
DSCR
$3,434
Rent
-$559
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,700
Downpayment
20%
$94,000
Closing costs
1%
$4,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,434
Total Expenses
$3,993
Mortgage P&I
69%
$2,376
Property Taxes
16%
$549
Home Insurance
5%
$175
HOA
0%
$0
Property Management
10%
$343
CapEx
5%
$172
Vacancy
6%
$206
Maintenance
5%
$172
Other
0%
$0