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This property looks like a bad Long-Term investment with a projected -19.84% first-year return on $96,600 initial cash invested.
-19.84%
Cash On Cash
2.15%
Cap Rate
0.36
DSCR
$2,620
Rent
-$1,597
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,620 income − $4,217 expenses = $1,597 out of pocket
Investment Breakdown
|
Purchase Price
$460k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,600
Downpayment
20%
$92,000
Closing costs
1%
$4,600
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,620
Total Expenses
$4,217
Mortgage P&I
87%
$2,290
Property Taxes
38%
$985
Home Insurance
6%
$164
HOA
4%
$97
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0