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This property looks like a bad Long-Term investment with a projected -11.33% first-year return on $98,784 initial cash invested.
-11.33%
Cash On Cash
4.38%
Cap Rate
0.69
DSCR
$2,990
Rent
-$933
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,990 income − $3,923 expenses = $933 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,784
Downpayment
20%
$94,080
Closing costs
1%
$4,704
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,990
Total Expenses
$3,923
Mortgage P&I
84%
$2,501
Property Taxes
21%
$642
Home Insurance
0%
$2
HOA
0%
$0
Property Management
10%
$299
CapEx
5%
$150
Vacancy
6%
$179
Maintenance
5%
$150
Other
0%
$0