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This property looks like a bad Long-Term investment with a projected -6.07% first-year return on $98,595 initial cash invested.
-6.07%
Cash On Cash
5.18%
Cap Rate
0.85
DSCR
$2,887
Rent
-$499
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,887 income − $3,386 expenses = $499 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,595
Downpayment
20%
$93,900
Closing costs
1%
$4,695
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,887
Total Expenses
$3,386
Mortgage P&I
83%
$2,383
Property Taxes
3%
$89
Home Insurance
6%
$164
HOA
0%
$0
Property Management
10%
$289
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0