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This property looks like a bad Long-Term investment with a projected -16.92% first-year return on $98,700 initial cash invested.
-16.92%
Cash On Cash
2.78%
Cap Rate
0.46
DSCR
$1,993
Rent
-$1,392
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,993 income − $3,385 expenses = $1,392 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,700
Downpayment
20%
$94,000
Closing costs
1%
$4,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,993
Total Expenses
$3,385
Mortgage P&I
119%
$2,381
Property Taxes
16%
$321
Home Insurance
8%
$164
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0