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This property looks like a bad Long-Term investment with a projected -12.62% first-year return on $97,020 initial cash invested.
-12.62%
Cash On Cash
4.3%
Cap Rate
0.65
DSCR
$2,889
Rent
-$1,020
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,889 income − $3,909 expenses = $1,020 out of pocket
Investment Breakdown
|
Purchase Price
$462k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,020
Downpayment
20%
$92,400
Closing costs
1%
$4,620
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,889
Total Expenses
$3,909
Mortgage P&I
88%
$2,532
Property Taxes
16%
$457
Home Insurance
6%
$170
HOA
0%
$0
Property Management
10%
$289
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0