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This property looks like a bad Long-Term investment with a projected -9.72% first-year return on $98,742 initial cash invested.
-9.72%
Cash On Cash
4.26%
Cap Rate
0.71
DSCR
$2,664
Rent
-$800
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,664 income − $3,464 expenses = $800 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,742
Downpayment
20%
$94,040
Closing costs
1%
$4,702
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,664
Total Expenses
$3,464
Mortgage P&I
88%
$2,335
Property Taxes
10%
$266
Home Insurance
6%
$171
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0