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This property looks like a bad Long-Term investment with a projected -14.02% first-year return on $98,679 initial cash invested.
-14.02%
Cash On Cash
3.62%
Cap Rate
0.58
DSCR
$2,663
Rent
-$1,153
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,663 income − $3,816 expenses = $1,153 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,663
Total Expenses
$3,816
Mortgage P&I
92%
$2,438
Property Taxes
20%
$522
Home Insurance
6%
$164
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0