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This property looks like a bad Long-Term investment with a projected -14.12% first-year return on $98,679 initial cash invested.
-14.12%
Cash On Cash
3.49%
Cap Rate
0.57
DSCR
$2,494
Rent
-$1,161
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,494 income − $3,655 expenses = $1,161 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,679
Downpayment
20%
$93,980
Closing costs
1%
$4,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,494
Total Expenses
$3,655
Mortgage P&I
96%
$2,402
Property Taxes
13%
$321
Home Insurance
7%
$168
HOA
5%
$115
Property Management
10%
$249
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0