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This property looks like a bad Long-Term investment with a projected -16.23% first-year return on $98,700 initial cash invested.
-16.23%
Cash On Cash
2.89%
Cap Rate
0.48
DSCR
$2,117
Rent
-$1,335
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,117 income − $3,452 expenses = $1,335 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.4%
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
$2,117
Total Expenses
$3,452
Mortgage P&I
111%
$2,359
Property Taxes
17%
$363
Home Insurance
8%
$164
HOA
1%
$15
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0